Bed and breakfast plan to succeed?

bed and breakfast plan to succeed.

if you%26#039;re opening a b/b in an area w an average occupancy rate of of 70%, what should u should u estimate for your first years occupancy rate?

a. 30

b. 35

c.50

d.70

suppose you plan to open a 3 room b/b in an area where the average room rate is $85. What would be the annual revenue for this in at 100% occupancy?

a.7,650

b.31,025

c.93,075

d.124,100

which of the following types of customers should u fill in order to fill ur b/b%26#039;s rooms on weekdays?

a. families w children

b.single parents

c.couples

d.business travelers

which of the following is most likely of having ur b/b inspected?

a easier to register your business

b.insurance rates may be reduced.

c.bank may grant you a loan

d.property taxes may be reduced

you found that start-up costs are too high, which is the best place to reduce these costs?

a, market research

b,renovation expenses

c,inspection fees

d,insurance

Additional Details

1 week ago

which of the following is a start-up cost?

a. cost of market research

b. good sold

c. income taxes

d. employee wages

Bed and breakfast plan to succeed?loan rates

1. B - 35, which is 50% of your expected

2. C - 93,075 (3 rooms X 365 days a year X $85 a night)

3. D - business travelers travel on weekdays, where as the other all travel generally on the weekends.

4. C - banks want to see what they are giving a loan on, so they will inspect the property to see if it is worth the value of the loan.

5. B - Renovation Expenses can be held off and done at a later point, as long as they are only cosmetic

6. A - Market research is done before you open up, so it is a start-up cost. All the other costs get going after you are actually open.

Good luck.