According to the BBFAA, you should carry insurance suitable to the conduct of your business, and consider other professional insurances such as loss of income, etc. Check the Business for Sale section for any businesses for sale.
Are the pillows in good condition? Where and how will you find your customers? Lau looks to offer a personalised service, even buying guests their favourite fruit on request. Motor vehicle insurance if your vehicle is used for business purposes.
Businesses that do not comply with these laws can incur fines, and breaches may also jeopardise any insurance claim.
Meeting government requirements Your main local, state and federal government requirements are as follows: Applying for a planning permit To set up a new business, undertake land or building development, or change the purpose of a property, your first step is to apply for a planning permit from your local council.
A lot of people are coming out of corporate life and they may not have ever done a business plan or a marketing plan before. What type of beds do your rooms have?
How much will the operation realistically cost to set up, and how much money do you have available to invest in the business?