Are you looking to convert a property into a bed and breakfast? Many aspiring innkeepers choose to purchase an existing inn, but there’s something special – and more personal – about transforming your own home into the business of your dreams. If this process appeals to you, then you’re in the right place. We’ll tell you everything you need to know about how to register a B&B from scratch.
In addition to this blog, we provide people with all the resources necessary to be successful in the hospitality industry, including Seminars for Future Innkeepers. We host these educational sessions throughout the year at our headquarters and inns across the country to bring our knowledge to people like you. You’ll learn how to start your business in a casual, friendly atmosphere with opportunities to ask questions, enjoy hands-on activities, and network with peers.
Here’s How to Register a B&B
It likely won’t come as a surprise that you’ll want to do as much research as possible before beginning your endeavor. Luckily, you’re on the right track simply by reading this blog! Some of the next steps include:
- Research the requirements for local businesses
- Know the cost of starting a bed and breakfast
- Speak with innkeepers in your area
- Attend industry events
- Read our guide to running an inn
- Make a plan to maintain a healthy work-life balance
Obtain Permits and Licenses
This might not be the most fun part of pursuing your dream, but it’s definitely one of the most important ones. After all, you don’t want to overlook any details and end up with unnecessary fines or delays to your opening date. Here’s a quick list of the legal requirements for bed and breakfasts:
- Conditional use and sign permits (if required)
- A business license
- A business name and/or DBA registration
- A certificate of occupancy
- An account for transient/lodging taxes
- A sales tax account (seller’s permit)
- A federal and state tax ID
- Business checking credit accounts
- A merchant account (to process credit cards)
- ServSafe food certification (if required)
- A liquor license (if applicable)
- Insurance (business, liability, property, and liquor liability)
The most critical inspection is an engineering survey of the property’s physical plant, systems, and equipment. A qualified inspector should be chosen to complete this task and will generate a lengthy report detailing every loose fixture, rotten windowsill, and any significant issues that need to be dealt with before opening. Make sure you also get a Health Department inspection and a Fire Department inspection.
Get Started With Inn Partners
Last but not least, our final recommendation is to team up with Inn Partners! We have over 40 years of experience in the hospitality industry and would love to help you achieve your business goals. From inn buying and selling to Current Innkeeping Workshops, we do it all. Of course, we can also advise you on how to register your property as a B&B. Contact us today – it’s always better with Inn Partners on your side!