Opening a bar

deonmdavis · #1 Mar 29, 2007, 05:56 PM

Recently, I came to the conclusion that I want to open a bar and looking for some information on what to do as the next step. As you can see I am kind of struggling with where to start. So far, I picked a name, found a location, and brainstormed some ideas with the activitites for the club.

Krs · Mar 30, 2007, 04:49 AM

Prepare a business plan.
Market research - research your potential customer, your competitors and suppliers. Thats the first step to take...

excon · Mar 30, 2007, 06:16 AM

Hello deon:

Go to work for a bar for a few years.

excon

NeedKarma · Mar 30, 2007, 06:21 AM

Quote:

Originally Posted by excon

Go to work for a bar for a few years.

This is probably the best advice you have been given.

During my business degree I interviewed a man who owned 2 bars, he said his biggest sources of stress were staff (turnover + stealing) and suppliers (especially if you offer restaurant services). Learn from others before taking the plunge; you must know that the restaurant/bar sector has the highest failure rate of any sector.



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