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How to Budget for B&B Renovations Without Losing Your Mind-077

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Manage episode 488330464 series 3533767
Content provided by Keystone Hospitality Property Development and Gerry MacPherson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Keystone Hospitality Property Development and Gerry MacPherson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

📘 Grab your copy of the “Your B&B Starter Blueprint”!
https://bedsbreakfastsbusiness.com/your-bb-starter-blueprint-pdf-download

Episode 077 – How to Budget for B&B Renovations Without Losing Your Mind

🔨 Because no one plans to overspend—until they do.

In this episode of Mastering B&B Management, Gerry MacPherson pulls back the curtain on the real cost of starting a bed and breakfast. If you think you’ve budgeted for everything, think again. From sneaky permit fees to the emotional toll of endless DIY jobs, this episode shows you how to plan for the hidden costs of opening a B&B—and how to stay sane in the process.

🎧 Whether you’re Googling “how much does it cost to start a B&B?” or knee-deep in renovation dust, this episode will help you budget like a pro, protect your energy, and build a B&B that doesn’t bleed you dry.

🗂️ Timeline:

  • [01:25] Renovation cost traps: what most people forget
  • [03:50] Ongoing licensing and inspection expenses
  • [06:35] Consumables, toiletries & guest amenities
  • [09:00] Booking software, website tools, and automation
  • [11:05] Mental and physical energy—how to budget for you
  • [13:20] Five budgeting takeaways you’ll thank yourself for
  • [15:00] Want a budget calculator? Grab it inside the course

🎙️ Subscribe now on Apple, Spotify, or your favourite podcast app to get new insights every week.

#B&B Renovations #hiddenB&BCosts #bnbstartup #bedandbreakfastowner #bnbbudgettips #bnbrenovation #bnbstartupchecklist #hospitalitylife #bnbplanning #bnbsoftwaretools #bnbbusiness

TO READ OR LISTEN TO THIS EPISODE ON KEYSTONE HOSPITALITY PROPERTY DEVELOPMENT:
https://bedsbreakfastsbusiness.com/2025/06/how-to-budget-for-bb-renovations-without-losing-your-mind-077

You’ll find more tools, templates, and scripts in the full course:
👉 Mastering B&B Management: Comprehensive Guide to Starting, Running, & Growing Your Bed & Breakfast
https://courses.keystonehospitalitydevelopment.com/course/mastering-bb-management-comprehensive-guide-to-starting-running-and-growing-your-bed-breakfast

Join one of our groups
LinkedIn — https://www.linkedin.com/groups/8892038/
Facebook — https://www.facebook.com/groups/bedbreakfastbusinesshttps://www.facebook.com/groups/bedbreakfastbusiness

Say hi on social
Facebook: https://www.facebook.com/bedsbreakfastbusiness/

LinkedIn: https://www.linkedin.com/company/beds-breakfasts-business

Instagram — https://www.instagram.com/bedsbreakfastsandbusiness

BlueSky — @bnbprotips.bsky.social

Listen to The Hospitality Property School PODCAST here
https://keystonehpd.com/bedbreakfastbusinesspodcast

YouTube
https://www.youtube.com/@BedBreakfastBusiness

A Division of Keystone Hospitality Property Development

  continue reading

90 episodes

Artwork
iconShare
 
Manage episode 488330464 series 3533767
Content provided by Keystone Hospitality Property Development and Gerry MacPherson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Keystone Hospitality Property Development and Gerry MacPherson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

📘 Grab your copy of the “Your B&B Starter Blueprint”!
https://bedsbreakfastsbusiness.com/your-bb-starter-blueprint-pdf-download

Episode 077 – How to Budget for B&B Renovations Without Losing Your Mind

🔨 Because no one plans to overspend—until they do.

In this episode of Mastering B&B Management, Gerry MacPherson pulls back the curtain on the real cost of starting a bed and breakfast. If you think you’ve budgeted for everything, think again. From sneaky permit fees to the emotional toll of endless DIY jobs, this episode shows you how to plan for the hidden costs of opening a B&B—and how to stay sane in the process.

🎧 Whether you’re Googling “how much does it cost to start a B&B?” or knee-deep in renovation dust, this episode will help you budget like a pro, protect your energy, and build a B&B that doesn’t bleed you dry.

🗂️ Timeline:

  • [01:25] Renovation cost traps: what most people forget
  • [03:50] Ongoing licensing and inspection expenses
  • [06:35] Consumables, toiletries & guest amenities
  • [09:00] Booking software, website tools, and automation
  • [11:05] Mental and physical energy—how to budget for you
  • [13:20] Five budgeting takeaways you’ll thank yourself for
  • [15:00] Want a budget calculator? Grab it inside the course

🎙️ Subscribe now on Apple, Spotify, or your favourite podcast app to get new insights every week.

#B&B Renovations #hiddenB&BCosts #bnbstartup #bedandbreakfastowner #bnbbudgettips #bnbrenovation #bnbstartupchecklist #hospitalitylife #bnbplanning #bnbsoftwaretools #bnbbusiness

TO READ OR LISTEN TO THIS EPISODE ON KEYSTONE HOSPITALITY PROPERTY DEVELOPMENT:
https://bedsbreakfastsbusiness.com/2025/06/how-to-budget-for-bb-renovations-without-losing-your-mind-077

You’ll find more tools, templates, and scripts in the full course:
👉 Mastering B&B Management: Comprehensive Guide to Starting, Running, & Growing Your Bed & Breakfast
https://courses.keystonehospitalitydevelopment.com/course/mastering-bb-management-comprehensive-guide-to-starting-running-and-growing-your-bed-breakfast

Join one of our groups
LinkedIn — https://www.linkedin.com/groups/8892038/
Facebook — https://www.facebook.com/groups/bedbreakfastbusinesshttps://www.facebook.com/groups/bedbreakfastbusiness

Say hi on social
Facebook: https://www.facebook.com/bedsbreakfastbusiness/

LinkedIn: https://www.linkedin.com/company/beds-breakfasts-business

Instagram — https://www.instagram.com/bedsbreakfastsandbusiness

BlueSky — @bnbprotips.bsky.social

Listen to The Hospitality Property School PODCAST here
https://keystonehpd.com/bedbreakfastbusinesspodcast

YouTube
https://www.youtube.com/@BedBreakfastBusiness

A Division of Keystone Hospitality Property Development

  continue reading

90 episodes

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