Ask Experts Questions for FREE Help !
Ask
    revolution63's Avatar
    revolution63 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Nov 6, 2007, 08:23 PM
    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
    graceman's Avatar
    graceman Posts: 4, Reputation: 1
    New Member
    		  
    #2

    Nov 6, 2007, 10:47 PM
    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 restaurant 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
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
    		  
    #3

    Nov 8, 2007, 09:42 PM
    You also might want to check out the links at the bottom of this page to questions that have been similar to yours.
    david5733's Avatar
    david5733 Posts: 5, Reputation: 1
    New Member
    		  
    #4

    Apr 17, 2008, 12:06 PM
    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 can't use.

    You need to be in a commercial 2 zone.

    Permits you will need. Business permit. Alcohol license. Entertainment permit.
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
    		  
    #5

    Sep 5, 2009, 03:56 PM
    Very old thread, sufficiently answered. Original poster hasn't returned and it's now attracting piggybacks.

    Thread is now CLOSED.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search


Check out some similar questions!

Reception Hall Business Plan [ 1 Answers ]

I am a college senior interested in opening my own reception hall in the Pennsylvania, Delaware, or New Jersey area. How do I go about making business plans for a reception hall business.

Opening a Banquet Hall [ 1 Answers ]

I am interested in opening a Banquet Hall. I would like to know how to write a business plan, how the operation works, what are the first steps I should take.

Opening a banquet hall [ 4 Answers ]

I have always had a desire to open a multi-purpose banquet hall which could be used for corporate and social events. Just this week, I found a building that would be IDEAL! The building is only 3 years old. It's in a community that is growing by leaps & bounds, and is centrally located on a...

Write business plan for banquet hall [ 3 Answers ]

I would like to write a business plan to get finance to open banquet hall.

New construction of a banquet hall [ 2 Answers ]

My wife and I are interested in building a multi purpose function hall . We have a lot of equity on our home. We do not have a lot of experience, we need somebody to advise us on how to go about this project.

View more questions Search