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    edwardnefth's Avatar
    edwardnefth Posts: 1, Reputation: 1
    New Member
     
    #1

    Dec 21, 2009, 06:48 PM
    How to start banqutte hall
    Great site, am getting in to the banquet and event hall establishment and I will need some tips. Fist of all I will like to LEASE THE BUILDING is it a good idea? And that how much running CAPITAL do I need? What are some of the tips I will need?
    Thanks.
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
     
    #2

    Dec 21, 2009, 09:50 PM
    Hi, edwardnefth!

    The first thing that you'll need to have is a business plan. It would appear that's what you're trying to develop by the questions that you're asking.

    There are a number of sites where how to develop a business plan for a banquet or reception hall are addressed. Listed below, are some of them.

    How to Open a Reception Hall | eHow.com

    https://www.askmehelpdesk.com/busine...an-149350.html

    Want to Start a Banquet Hall Business? A Brief Banquet Hall Business Checklist

    Weddings: opening a reception/banquet hall, wedding consulting, labor expense

    How to Open a Reception Hall | Answerbag

    How to Open a Banquet Facility | eHow.com

    Tips on Opening your own Banquet Hall

    Thanks!
    Alty's Avatar
    Alty Posts: 28,317, Reputation: 5972
    Pets Expert
     
    #3

    Dec 21, 2009, 10:03 PM

    Like Clough said, you'll need a business plan.

    A business plan will include costs for the building, wages, everything.

    You asked how much capital you'll need, we don't know. It depends on where you live, what type of building you're looking at, how much staff you plan to hire, etc. etc.

    It will be a lot of work, but then so will running a business.

    Good luck.

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