The Return of the Fishing & Hunting Lodge and Resort industry COVID-19 and the resulting government intervention hit the Canadian fishing & hunting lodge and resort industry first and hardest. Lodge and resort businesses help Canada attract incredibly lucrative international… Read More »The Return of the Fishing Hunting Lodge and Resort industry
How Much Do Other Lodges & Resorts Spend on Advertising & Promotion? Henry Ford once said, “A man who stops advertising to save money is like a man who stops a clock to save time.” Advertising is an integral part… Read More »How Much Do Other Lodges & Resorts Spend on Advertising & Promotion?
10 Common Mistakes Made When Buying a Fishing & Hunting Lodge, Camp or Resort Buying a fishing & hunting lodge, camp or resort is different than buying other types of businesses and there are more variables to consider. Not considering… Read More »10 Common Mistakes Made When Buying a Fishing & Hunting Lodge, Camp or Resort
12 Ways to Soften COVID-19’s Impact on Canadian Fishing & Hunting Lodge, Camp & Resort Operations Fishing & Hunting Lodges, Camps and Resorts are Often the Canary in the Coal Mine of the Canadian Economy. Prime Minister Trudeau has closed… Read More »12 Ways to Soften COVID-19’s Impact on Canadian Fishing & Hunting Lodge, Camp & Resort Operations
Overview of the Outdoor Tourism Industry in the Nipissing District of Ontario OUTDOOR TOURISM INDUSTRY IN NIPISSING: TOURISM ACTIVITY The size and shape of the tourism industry depends on how many visitors there are, where and how long they stay,… Read More »Overview of the Outdoor Tourism Industry in the Nipissing District of Ontario
Manitoba Fishing & Hunting Lodge Industry Overview MANITOBA FISHING & HUNTING LODGE OPERATOR BUSINESS PROFILE While operators primarily provide accommodations and guided and non-guided fishing/hunting, their services extend well beyond these core functions to include such services as photography, taxidermy,… Read More »Manitoba Fishing & Hunting Lodge Industry Overview
Share Sale or Asset Sale, What is Best For a Fishing & Hunting Lodge, Camp or Resort Seller? Fishing & Hunting Lodge, Camp and Resort sellers have an important decision to make when it comes time to sell. They must… Read More »Share Sale or Asset Sale, What is Best For a Fishing & Hunting Lodge, Camp or Resort Seller?
Tips for Canadian Fishing & Hunting Lodge, Camp & Resort Buyers Buying a Canadian fishing & hunting lodge, camp or resort can be a complicated process. Even if you have previous experience owning and running one of these types of… Read More »Tips for Canadian Fishing & Hunting Lodge, Camp & Resort Buyers
Building a Fishing & Hunting Lodge, Camp or Resort Online Sales Funnel (Hint: It’s How I Advertised to you) Preamble: An online sales funnel looks like this: 1,000 people see your online advertisement Of those 1,000 maybe 50 click on… Read More »Building a Fishing & Hunting Lodge, Camp or Resort Online Sales Funnel (Hint: It’s How I Advertised to you)
Factors That Affect the Financial Viability of a Fishing & Hunting Lodge There is a growing interest both on the part of business holding companies and individuals to enter into the fishing and hunting lodge industry. In order to invest… Read More »Factors That Affect the Financial Viability of a Fishing & Hunting Lodge
Fishing & Hunting Lodge Revenue & Expense Analysis Preface Canada’s Fishing and Hunting Lodge industry is part of how we showcase our beautiful nation to the world. This industry introduces guests to the beauty of our untouched wilderness and the… Read More »Fishing & Hunting Lodge Revenue & Expense Analysis
Selling a Fishing & Hunting Lodge, Camp or Resort Handbook This handbook is unique because it presents an extraordinary amount of technical, legal and transaction structuring information based on the expertise and experience of professionals with specific arbitration, litigation, structuring,… Read More »Selling a Fishing & Hunting Lodge, Camp or Resort Handbook
10 Top Tips When Negotiating Your Fishing & Hunting Lodge, Marina or Resort Business Sale You’ve Found the Perfect Buyer, Now what? If you’ve run your lodge, camp or resort for a number of years, you’ll have had plenty of… Read More »10 Top Tips When Negotiating Your Fishing & Hunting Lodge, Marina or Resort Business Sale
How to Advertise a Canadian or American Fishing & Hunting Lodge, Marina or Resort For Sale Where do Most Canadian or American Lodge, Camp or Resort Owners Come From? We surveyed 87 Fishing & Hunting Lodges, Camps & Resorts located… Read More »How to Advertise a Canadian or American Fishing & Hunting Lodge, Marina or Resort For Sale
A Short Guide to Selling a Fishing & Hunting Lodge or Resort Business It’s a tough decision to come to for fishing & hunting lodge and resort owners. The decision to sell their business, to retire, cash in, or move… Read More »A Short Guide to Selling a Fishing & Hunting Lodge, Marina or Resort Business
How to Sell a Family Owned Fishing & Hunting Lodge, Marina or Resort Business Many Fishing & Hunting Lodge, Camp & Resort businesses have been family owned and operated for generations. When it comes time to sell a family owned… Read More »How to Sell a Family Owned Fishing & Hunting Lodge, Marina or Resort Business
Is Your Fishing & Hunting Lodge, Marina or Resort Business Sellable? Approximately 80 percent of owner wealth is in the business, and yet two-thirds of them don’t incorporate a recent business valuation or develop an exit plan for the transition… Read More »Is Your Fishing & Hunting Lodge, Marina or Resort Business Sellable?
How Long Does it Take to Sell a Fishing & Hunting Lodge, Marina or Resort Business Its important to have realistic expectations for the timeline required to sell your fishing & hunting lodge, marina or resort Being unrealistic will affect… Read More »How Long Does it Take to Sell a Fishing & Hunting Lodge, Marina or Resort Business
How to Sell a Fishing & Hunting Lodge or Resort Sole Proprietorship The sole proprietorship business structure is commonly used by fishing & hunting lodge and resort owners because of its simplicity Both the Canadian and US Governments have very… Read More »How to Sell a Fishing & Hunting Lodge, Marina or Resort Sole Proprietorship
Selling a Fishing & Hunting Lodge, Marina or Resort Business: How to Communicate Your Decision A sale is one of the most difficult transitions in the life of a Fishing & Hunting Lodge, Marina or Resort. As the seller, it… Read More »Selling a Fishing & Hunting Lodge, Marina or Resort Business: How to Communicate Your Decision
Selling Your Fishing & Hunting Lodge, Camp or Resort Business to a Competitor For Fishing & Hunting Lodges, Camps & Resorts, their direct competitors are often quite clear. If you’re selling your business you may want to consider approaching your… Read More »Selling Your Fishing & Hunting Lodge, Camp or Resort Business to a Competitor
Selling a Fishing & Hunting Lodge, Marina or Resort Business to Employees Management Buyout A management buyout involves the management team pooling resources to acquire all or part of your fishing & hunting lodge, camp or resort business. A management buyout… Read More »Selling a Fishing & Hunting Lodge, Marina or Resort Business to Employees
12 Ways to Exit Your Fishing & Hunting Lodge, Marina or Resort Business 1. Sell the Business to a Family Member When it comes to fishing & hunting lodges, camps and resorts this method of exiting the business is quite… Read More »12 Ways to Exit Your Fishing & Hunting Lodge, Marina or Resort Business
How to Transfer Your Fishing & Hunting Lodge, Marina or Resort Business to a Family Member Is family succession the right option for your fishing & hunting lodge, camp or resort? This is an important question to begin with. There… Read More »How to Transfer Your Fishing & Hunting Lodge, Marina or Resort Business to a Family Member
Canadian Fishing & Hunting Lodge, Camp & Resort Industry Associations Canadian Outdoor Tourism Industry Associations: British Columbia: BC Fishing Resorts and Outfitters Association Tourism Industry Association of BC Guide Outfitters Association of British Columbia Alberta: Alberta Fish & Game Association… Read More »Canadian Fishing & Hunting Lodge, Camp & Resort Industry Associations
Fishing & Hunting Lodge Industry Research Report Preface Canada’s fishing and hunting lodge industry is part of how we showcase our beautiful nation to the world. It shows our fellow Canadians, as well as international visitors, the beauty of our… Read More »Fishing & Hunting Lodge Industry Research Report
10 Things Lodge, Camp & Resort Owners Need To Stop Doing Now 1. Not paying attention to and acknowledging online reviews: Ignoring online reviews is essentially ignoring your guests. It’s also a huge opportunity missed to add more value or… Read More »10 Things Lodge, Camp & Resort Owners Need To Stop Doing Now
How Seasonal Resorts & Lodges Are Appraised Valuing Fishing & Hunting Lodges, Camps and Resorts Seasonal Resort and Lodge owner’s that have been in the business for awhile may be considering how they will exit the business and enter retirement.… Read More »How Seasonal Resorts & Lodges Are Appraised
13 Ways Fishing & Hunting Lodges, Camps & Resorts are Increasing Their Revenue 1. Finding More Favorable Loan Terms and Conditions: The majority of the lodges I have visited have been in the owner’s family for a significant amount of… Read More »13 Ways Fishing & Hunting Lodges, Camps & Resorts are Increasing Their Revenue