Hello Everyone and welcome to my new small business blog. Hopefully we can use this site to foster new ideas for individuals wanting to start their first business or help those expand a current one. Hopefully this can also be a great place to discuss viable, new-business ideas that people can use in their respective locations. My first topic is opening and running a hostel (dormitory style housing for travelers). This has been a great model in Europe and other countries and is currently gaining some momentum in the U.S. But, does it make money and what are the advantages or disadvantages? I would appreciate any comments.