Running a seasonal business comes with a special set of challenges—maintaining year-round cash flow, and recruiting and training seasonal workers among them. With summer officially here, many tourism-related businesses are out to make a full year’s income in the four months or so that warm weather allows.
Ty Kiisel of AllBusiness.com says seasonal business owners need to consider six specific things to be successful, whether you’re a campground, a beachfront business or driving an ice-cream truck.
“Owning a seasonal business requires a business owner to be skilled at budgeting, great at hiring and training people, and especially adept at managing the financial implications of fluctuating cash flow,” Kiisel writes.
