Since the President’s State of the Union address, we’ve heard a great deal about making financing available to small business. The truth is, that excellent financing has been readily available all along in our domain. Community Banks (who do not lend to Bezerkistan) have money to lend, and interest rates, usually fixed for 5 years,Read More
We have certainly been questioned about that; so, even if you did not ask, I will tell you why! There is a lot of effort in bringing an Inn transfer to a successful close, but the actual day of transfer is definitely an anti-climax. The battles have been fought, more or less amicably, and theRead More
In these troubled times, it is natural to lower the risk factor in any important financial decision. For future Innkeepers who choose to seek out going concern Inns for purchase, it is a wise choice. A going concern has a history and that history will inform us of what that Inn’s capabilities are. That beingRead More
On July 31, 2009 Ed and Jen Dorta Duque completed a journey they began five years ago when they leased with an option to purchase the Three Mountain Inn in Jamaica, Vermont. The process was a true win-win situation. For the owners it was a relief from operations to pursue other interests and an importantRead More
The word is personalization and it can have a profound impact on the products we develop for the next generation of guests.
The Crisis and Inns, Part I apparently hit a raw nerve. We had many thoughtful responses and many thank you emails for our news encouraging ongoing financing opportunities.