Thinking Sideways to Keep the Cash Flowing

When you operate a B&B, a resort, a campbusiness think tanks, hosting yoga or reiki classes
or other hospitality sector based business and aand, of course, don’t forget corporate stay
recession hits, or for whatever reason occupancybusiness. 
is down you sometimes have to think sidewaysIf your asset is a resort or camp can you handle
to get things straight!family reunions, a vintage car show, become the
“Sometimes the situation is only a problemultimate yard sale destination. Do an online search
because it is looked at in a certain way. Looked atfor retreats, find out who’s hosting them,
in another way, the right course of action may bewho’s attending and for what reason. Are
so obvious that the problem no longer exists”.you located in a birdwatchers paradise or ideal for
Edward de Bonostargazers? If you have the infrastructure, sell
Think in terms of what your assets are and howdaily, weekly or seasonal passes to town and city
you could “repurpose” how those assetsfolks just itching to “get away for a day”.
could be used. Stop thinking about what you areMy point is to start thinking sideways. Only you
and start thinking about what you could be.know the attributes of your operation, what the
By this I mean if you operate a B&B, canphysical infrastructure would allow and how best
you keep the cash flowing by providing a venueto repurpose them.
for a local networking groups breakfast or lunch,So become a “possibility thinker”. Take a
or are you a great afternoon tea destination, amoment and a piece of paper and make your list
perfect spot for an intimate wedding? How aboutof what could be. It may just surprise you.