A Second Property, or Managing Someone Else's

Who this book is for

Chủ và quản lý cơ sở lưu trú, homestay, khách sạn nhỏ, resort, cùng người làm lữ hành và kinh doanh trải nghiệm ở Việt Nam; quy mô từ bốn phòng tới hai cơ sở, hoặc một công ty tour vài người. Người đọc là NGƯỜI KINH DOANH, không phải khách du lịch.

Sound familiar?

• Wants a second property while the first still needs them there every day.
• How the place runs lives in the owner's head, with nothing written to copy.
• Takes on managing someone else's property without agreeing who sets rates and who pays for what.
• Has nobody able to run the new place but is already viewing premises.

Each chapter answers one question

1. Chapter 1: If my first place still needs me daily, why expand?

   How many days in a row can the first property run without me?

   Opening a second property while the first still needs you every day doubles the problems.

2. Chapter 2: Can my first success be copied somewhere new?

   What makes the first property work that I cannot carry over?

   Processes can be copied; location, atmosphere and local relationships cannot.

3. Chapter 3: Managing others' properties: easy money, or borrowed risk?

   If I take on managing someone else's property, what do I gain and what do I take on?

   Managing on behalf of others sells operating skill without capital, and it is a different kind of risk.

4. Chapter 4: If we trust each other, why a tight contract?

   Which three clauses must I not skip?

   A vague agreement between two well-meaning parties still breaks in the first season something goes wrong.

5. Chapter 5: Will the new place drag the old one down?

   How do I know both places are serving at the same level?

   After opening, the hardest part is not the new place but keeping the old one from slipping.