If you are looking to start a business of your own but you do not have a lot of money to invest in a traditional business, you might want to consider the idea of turning your house in to a guesthouse. It might seem like a surprising suggestion but the truth is that many people are doing this in this day and age. If you take some time to study the tourism market, you will notice that tourism has changed significantly in the past decade. In the past, tourists would come to a country and stay in one of the many five star hotels that are extremely expensive during their stay and travel and tourism would be limited to people who have a lot of money on their hands.
People who wanted to travel would spend months and years collecting money for their travels but in this day and age, we are seeing many young people choosing to travel without much money in hand with only the backpacks that they are carrying. They simply get on a plane and go to the country of their choice without having their hotels booked or without too much planning. They then look for cheap places to stay such as guesthouses, rooms in people’s house or very small budget hotels and these people would be your target market with a business of this sort.
Dividing your home
The first thing you will have to do is to divide your home. You should not live in the area that you are renting out. Place a wall in the middle of your home so that you live in a separate area while you rent out another area to give your guests their privacy. You should add a nice bathroom to the area that you are going to be giving out on rent as the cleanliness of a bathroom matters. If you already have a bathroom, you can have some budget bathroom renovations Melbourne done to make it more beautiful and modern.
Keep in mind that many people prefer to have their bathrooms in the room rather than having to walk across a public area after a shower and therefore, if you can have bathroom renovations done in a way that you can make the bathroom en suite, it would be a good thing.Before you start your business, do some research to find out what people are looking for when they stay for a short period in a small guest house? You will see that it is mainly hygiene that they are looking for over luxury. You can check out more here http://www.melbournecompletebathrooms.com.au/service-area.html.