Administrative procedures and business plan

While administrative procedures, licenses and insurances vary from country to country, it would be wise to start up your private accommodation business with some sort of a business plan. The business plan will clarify the type of product (accommodation and additional services) that you plan to offer, the target market/s, the pricing policy, the investment and return on investment and funding. It might be formally written business plan, especially if you seek funding from a financial institution or an informal plan.

Regardless of the size of your business and the period of time to which it relates, a well-made plan must always include all the essential elements:

  • Basic business information
  • Description of products and services
  • Analysis of the market and competition
  • Marketing strategy
  • Production and distribution
  • Finance
  • Data on managers of the business

The business plan must answer the following questions:

  • Is the business idea well set up?
  • Is there a market for that product, who is the competition and why are buyers buying your product?
  • Are financial data realistic?
  • Do you have management capacity to realize it?
  • What is the security for a refund?

Additional, you need to think about the legal form of your business, whether it will be established as sole proprietorship, partnership, limited company etc., depending on the tax policy and other regulations in your country. You will need to register your business and obtain licensees.


Rules and licenses

For the Rules and Licenses needed for establishing a Private Accommodation Business in your country, please choose the respective language that appears on the homepage of the platform (Croatian, Spanish, Slovenian, Greek for Greece and Cyprus).

 


Additional requirements

For any additional requirements concerning Private Accommodation Business in your country, please choose the respective language that appears on the homepage of the platform (Croatian, Spanish, Slovenian, Greek for Greece and Cyprus). 

 


Taxes/fees/membership fees 

For taxes/fees/membership fess concerning Private Accommodation Business in your country, please choose the respective language that appears on the homepage of the platform (Croatian, Spanish, Slovenian, Greek for Greece and Cyprus).