In this final work was presented entrepreneurial project using the example of a small family hotel. It is the purchase, reconstruction and decoration of a small family hotel, which will be registered as a limited liability company, with one member, who is also the owner and a member of society. The work is divided into two parts, theoretical and practical, each of which is divided into several sections. In the first part of the special emphasis was placed on the essential theoretical assumptions related to entrepreneurship and entrepreneurial project. The second part is described and elaborated a concrete example of an entrepreneurial project related to small family-run hotel. Methods of data collection for this final work is a method of qualitative analysis used in research parsing qualitative traits of market facts, concepts, processes and relationships that enable the identification and determination of market categories and laws, the second one is method of collecting secondary descriptors (Desk Research). The author is at work apply theoretical and practical knowledge acquired during their studies at the Polytechnic of Karlovac. The aim of the theoretical part is to try to explain the phenomenon of rapid construction and the appearance of small family hotels in the Republic of Croatia and how this reflects on the current economic situation in the country. We have come to the idea of building a small family hotel in the area of Ogulin, and we are aware of the lack of accommodation capacity in Ogulin and the state incentives related to hotel and tourism activities. In order to get closer to the impact and importance of building small family hotels on the Ogulin market of this time, we considered it particularly important to explain the basic principle of doing a small family hotel and the way it operates at the current state of supply, such kind of hotel facilities in the Ogulin area Theoretical knowledge and through the main components of the project, all the relevant facts are included, which we consider to be important for the realization of this entrepreneurial endeavor.