There's Always Plan B

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It took her two hours to study spreadsheets, ledgers and the previous two years of tax returns. She didn’t worry about things like payroll or food orders. Instead she focused on guest revenue and large expenditures.The big surprise was that the B and B had been existing on a line of credit against the home for the past eighteen months. The business hadn’t been profitable in nearly three years.Declining bookings were the real problem. There had been a steady drop since Carly’s father had died. Th...e first couple of years after his death showed a slight decline, then the numbers plummeted. The B and B hadn’t had a full night since Valentine’s weekend, two years ago.Carly flipped through different ledgers. There wasn’t a single wedding or big party planned for the entire summer. No large groups had requested to take over the B and B, something she remembered happening all the time when she’d been growing up.In addition to the loss of income, there were some interesting choices in the expense department.

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