Norfolk Mead Hotel

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For years I had my own catering company working from my house which was convenient and efficient. However, my dream was to create a business that would secure my retirement. I found an old hotel for sale that could make my dream come true.

  1. H&L developed an ownership structure so my mortgage is approved, however, the assets are secured in case the hotel operations were not profitable and creditors were getting nasty.
  2. Running a hotel requires a different skill set. H&L split hotel operations into separate profit centres so I know which sections are making profits and which require more attention to budgets or costing.
  3. H&L is providing me with forecasts for each section. I know where my future cash is, I can adjust staff costs, or ensure that VAT is paid on time.
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