Articles
Refinancing a Bed & Breakfast or Country Inn
By Rick Newman, Managing Partner of Commercial Capital Network
Bed & Breakfast or Country Inns are physically unique by design, locations vary greatly and ADR/Occupancy Rates often fluctuate from season to season. Naturally all Innkeepers manage their finances to best fit their individual investment and tax strategies. Read Article...
Financing the Purchase of a Bed & Breakfast or Country Inn
By Rick Newman, Managing Partner of Commercial Capital Network
All Bed & Breakfasts/Inns are unique by design. In fact, it is that unique quality that separates one Bed & Breakfast/Inn (B & B/Inn) from the next. Innkeepers invest their energy and capital over time to create a welcoming and hospitable environment that is unique to their community and valued guests. Read Article...
Using Your 401k/IRA to Purchase a Bed & Breakfast or Country Inn
By Rick Newman, Managing Partner of Commercial Capital Network
Very few investors/entrepreneurs realize that they have the ability to finance the purchase of a business with retirement funds. Most people believe that there are only two options available to them if they want or need to access capital from their plan(s)—namely, either borrowing from the account or withdrawing some portion of the assets. Read Article...
Credit Reports & Reporting Agencies
By Rick Newman, Managing Partner of Commercial Capital Network
Credit Scores are extremely important to a lender in evaluating the merits of a loan. Your credit or FICO scores have a direct impact on the rate, term and loan program for which you qualify. Read Article...
Capital Investments: Financing Your Renovation
By Nan Adams, Professional Association of Innkeepers International
Whether you’re a new innkeeper or have been in the game for decades, you know how important it is to keep up with industry trends by making the physical improvements necessary to keep, or better yet, to increase your market share. Read Article...
Setting Up Your Books: An Overview of Inn Accounting and Bookkeeping
By Hugh A. Daniels, BS, MBA
While you are busy looking at properties, considering what decor you might want, what should the name be, should we incorporate, dreaming of that opening day, don't forget the less glamorous, but equally important plan of how you will handle your accounting, plus who will provide your bookkeeping services. Read Article...
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Contact Information
RR2 Box 2943, Route 447
Canadensis, PA 18325
ccnllc@gmail.com
Phone: 1-877-595-2120
Fax: 570-227-0049
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