Paper, paper, paper. Whether you run a restaurant, own a hotel or manage an apartment, paper is probably a huge part of your life. It’s still a fundamental tool of business management today, but it’s increasingly becoming less and less necessary. If you’re thinking of switching to digital, the time is now.
Turn a hard-to-market small studio apartment into a high-demand property with simple tips to boost the appeal.
Small studio apartments are often thought of as challenging units for property owners to fill. Striking the right balance between affordability and profitability is the challenge to finding tenants, but if the space is marketed correctly, the pool of potential renters opens up significantly. Proper marketing requires capitalizing on a product’s appeal. Small spaces offer many advantages for smart renters. All it takes is basic marketing prowess and thinking outside the (small) box.
Running a profitable restaurant requires more than creating delicious meals.
You need to watch your bottom line and reduce expenses too. Cutting water costs is a great place to start. Restaurant owners know to stay on the lookout for ways to save. Running a watertight ship is essential to keep your place afloat. Without watching utility costs, you could be flushing water down the drain. Here’s how to cut your water costs and boost those profit margins.
Understanding how to manage dry air ensures you, your guests and tenants remain healthy and happy.
As beautiful as winter months in the Midwest are, there are a few seasonal pitfalls. Of course, we all think of frightful frigid weather outdoors, but the warm and cozy indoors offer drawbacks as well – primarily dry air.
Spend a few hours winterizing your expensive outdoor equipment to make it last longer and perform better. Save money and avoid costly repairs with these maintenance tips.
Does your business have green space to maintain? Whether it’s a simple front lawn or a complex landscape design, there’s a good chance you are using some type of machinery to keep the grass and other vegetation looking trimmed and tidy. When winter approaches, don’t forget that those outdoor machines require extra attention before storing them for the season. A little preventative maintenance goes a long way in ensuring they are working properly when you need them again in spring!
ENERGY STAR® was created with the intention of preserving our environment, and it also saves YOU money long-term.
In today’s competitive economy, more and more hotels, restaurants, apartments and condos are switching over to appliances and other equipment with the ENERGY STAR® rating for a couple of BIG reasons: long-term savings and an increase in environmental sustainability. But what is ENERGY STAR® and why does it matter if a product has the ENERGY STAR® stamp?
You simply can’t afford to keep ignoring your hotel water usage – not just for your profit margin, but also for the environment.
You’ve got a lot more than just rooms to manage. There’s the kitchens, multiple public and in-suite bathroom facilities, pools and hot tubs, laundry, cooling, heating and landscaping. All of these places use incredible amounts of water, and if you don’t understand how quickly those water usage costs can add up, then your hotel could be missing out on some serious money. Learn how to reduce water usage and potentially improve your bottom line in the process.
Cutting costs should never mean cutting quality, especially when it comes to housekeeping.
Smart companies seek ways to cut costs across the board. Keeping an eye on overhead is rarely a bad idea. Plenty of costs can sneak up on hotel owners. Food costs, energy costs and staff costs squeeze profit margins daily, even if your hotel runs in tourist seasons. Many hotels big and small are looking into green initiatives to save money and increase guest awareness. Another option is doing the math on housekeeping and laundry expenses. An hour or two with a spreadsheet and a search engine can help owners figure out how to get the most for their money.
Green practices in hotels are on the rise and your business can benefit from joining the ranks. Going green can mean a lot of big changes or a few small ones — but even a little goes a long way. Understanding how to attract guests to your hotel isn’t always easy, but we recommend trying these eco-friendly practices to help set you apart from the competition and appeal to the growing number of sustainability savvy travelers.
The biggest costs might be the most obvious, but the low-cost solutions you can implement might be easy to do.
Many hotel guests look forward a long, hot shower after a day’s activity. They’ll let the steam go for a while and take an extra-long time under the water. It’s relaxing for the guest but it can be frustrating for the owner that’s paying for all that hot water going down the drain. Energy costs are the largest expenditure for hotels next to staff costs. They are also more manageable for those owners that want to know how to reduce energy costs and are willing to implement solutions dedicated to saving a little money.