Vineyard Bed & Breakfast Business Plan

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Management Summary

The Enchanted Vineyard Bed & Breakfast is owned and operated by Missy Stewart. It will be a sole proprietorship. Missy has a degree in philosophy from Ponoma College and an MBA from University of Oregon. While Missy was pursuing her undergraduate degree, she worked in a B&B and had a wide range of responsibilities. This is the experience where she was first bit by the B&B bug. She dreamed of some day having a B&B run from her house, with the excitement of taking care of travelers.

Missy's concentration in school was in general management with the intent of someday opening her own business. Missy participated in the PACE, a group project where teams of five students worked together for two entire semesters creating their own company and then eventually selling it at the end of the year. Missy's group formed a service-based company which was an invaluable experience for the needs she would face in opening up her own B&B.

Missy's education coupled with her practical experiences has given her the ideal skill-set required for operating a B&B. The only other thing that is truly required is passion, and Missy recognized her passion over seven years ago while working at a B&B. Missy has everything needed to succeed and will fulfill her destiny.

6.1 Personnel Plan

Missy will be the sole employee from months one to five. At month five things will be getting busier and the need will develop for an additional person. This new employee will be used for house cleaning and outside maintenance. This will free up Missy's time so she can spend more time with the customers. John will be helping when possible, but John's contribution to the company will be primarily emotional and financial support of Missy's dream. John will be covering their living expenses while Missy is building the business. At some point within the first year the revenue from the B&B will exceed the mortgage payments for the remodel and at some point will cover the entire mortgage for the home.

Personnel Plan
Year 1 Year 2 Year 3
Missy $3,000 $6,000 $12,000
Housekeeping/Outdoor Maintenance $12,000 $18,000 $18,000
Total People 2 2 2
Total Payroll $15,000 $24,000 $30,000