Hostel business has been coming to our country a long time ago, which is a profitable passive income medium. Hostel requirements are great for college and university students. The importance of a hostel is of immense importance, especially for those who are far away with higher education and higher education mentality.
A good hostel has an important role to play in biological work such as studying, eating and drinking. In this case, establishing a good hostel for the students next to an educational institution is considered a visionary and serviceable business career. Any entrepreneur can start this business only if it is a medium-sized business. The business needs to start by renting a house and converting it into a hostel.
Besides, this business can be executed by providing separate hostels for students and students. Starting this business can create a career and create employment for many more people. Any entrepreneur who is honest and on duty can succeed by starting this business.
This business can be started in any city or town with any educational institution in the place where all the civic amenities are located. In order to start a hostel business, an estimated investment of Tk 1 lakh to more than Tk 1 lakh should be invested.
In order to start a hostel business, one must first set up a home where all the civic amenities are easily guaranteed and next to an educational institution. The house should be rented and decorated with good hostels. As a furniture of the hostel, residential students – some single beds and tables should be provided for the students to stay and study. In addition, there should be facilities for bathing and eating and drinking. That is how the business will succeed.
Bedrooms, study and dining rooms etc. should be arranged separately. Each room should accommodate 5 or 6 people. After that, two or three people have to be appointed to manage the hostel. In addition, skilled cookers for cooking, assistants for assisting in cooking and Darwan for safety should be appointed. Posters and leaflets should be distributed among the students of different educational institutions for the promotion of the hostel. A policy has to be formulated to manage the hostel well. This is the way to conduct this business.
Students of different educational institutions are the main consumers of this business. However, many employers can also be consumers of this business. Must have the skills to manage a hostel to start a hostel business. Starting this business can earn up to Rs.