View Full Version : Opening a bar
deonmdavis
Mar 29, 2007, 06:56 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, 05:49 AM
Prepare a business plan.
Market research - research your potential customer, your competitors and suppliers. That's the first step to take...
ScottGem
Mar 30, 2007, 06:07 AM
Use resources at score.org and sba.gov to develop a biz plan.
excon
Mar 30, 2007, 07:16 AM
Hello deon:
Go to work for a bar for a few years.
excon
NeedKarma
Mar 30, 2007, 07:21 AM
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.