Christian Osgood breaks down Robin Hood Resort's finances across seasons: $30,000 monthly off-season, $130,000 during peak months. He times his debt principal payment for October, right after the busy season, to match when cash is highest.
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Off-season, Robin Hood does about $30,000 a month. On-season does about $130,000 a month. So it's pretty much, pretty much how the resort runs. It's pretty, pretty similar to those numbers. You got 3 peak seasons, you got about a month and a half shoulder on either of those where it's kind of in the middle. And then you have an off-season that's not, not too much different from running that business. You budget. And the way that I structure my debt is all the principal, because there's principal and interest, but all the principal is due in October after the busy season. So my big lump sum payment is right after we make the big lump sum of money. So there are a lot of different ways to structure them, but that— you're exactly right. You just budget. You look at it holistically. What does this do in a year? What has it done in the past? And what is my business plan?