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Home > Business & Careers > Business Plans   »   Banquet Hall Business Plan

 
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Old Nov 6, 2007, 06:23 PM
revolution63
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Banquet Hall Business Plan

Does anyone have ideas on how to start a banquet hall business. To be used for events like weddings, parties, meetings. What are the requirements. Thanks

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Old Nov 6, 2007, 08:47 PM   #2  
graceman
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I have worked with a close friend who owns a catiering business. First, how many people to you want to be able to be in your hall? We all know that location, location, location, is the very first key. Will you be prepareing the food on site? Tables, chairs, etc.? Will your pricing be in the same ball park as your competitors? There are many other things to look at and consider. Find someone like myself who has been in the resturant business, hotel, entertainment or commerial leaseing business to help you out. Don't forget to contact the city and fire department once you find the building. Hope this gives you a start.

Graceman
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Old Nov 8, 2007, 07:42 PM   #3  
Clough
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You also might want to check out the links at the bottom of this page to questions that have been similar to yours.
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Old Apr 17, 2008, 11:06 AM   #4  
david5733
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My family and I have own 2 banquet halls. He have been in business for 10 years. Location is important, but parking is the most important thing to consider. We are in the L.A. area and the city requires us to have 1 parking space for every 75 square feet. Check you local city for their requirements. If you do not have enough parking the city will not let you operate.

Own the building. Do not sign a lease. When buying the building, make sure you make the sale contingent on you getting all the necessary permit. You do not want to be stuck with a building you cant use.

You need to be in a commercial 2 zone.

Permits you will need. Business permit. Alcohol license. Entertainment permit.
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