This is a test of commonsense. Complete the next sentence:

How to set up a hostel
Choose a location for your hostel.
You should open a hostel in a place with a high volume of budget travelers passing through. Make sure it is easily accessible--travelers may not know their way around the area--and able to compete with others, if any, hostels in the region.
Consider the cost of purchasing a building, paying for permits, buying beds, linens, and kitchenware, and any marketing expenses. Establish an initial investment for your hostel that will allow you to operate for at least a year.