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Opening a Bar
When opening up a bar there are so many areas for consideration. If you don't have the correct cost control procedures in place you are effectively pouring 1000's in cash down the drain. If you spend all your time at the computer creating forms, documents and spreadsheets, you will be losing valuable time with your customers and be unable to oversee bar operations. Take the time to plan all areas and aspects of the bar before you open as it's harder to change procedures and habits once they're established.
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Understanding What It Takes To Run A Bar
Almost everyone at some point in their lives has thought that running their own bar would be great fun and a good way to make a living. This is especially true for those who have worked in bars and have always thought they could run the place better than their managers or the owners. . . . keep reading
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Why You Need To Complete A Business Plan
Quite frankly, failing to plan is the equivalent of planning to fail. Yes, opening your own bar can be a dream come true, combining your life long dream with a handsome revenue stream in a business you love. However without the proper planning it could quickly turn into your worst nightmare and force you into bankruptcy. . . . keep reading
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What Should Your Business Plan Contain
Your business plan for your new bar should be as thorough as possible. If you are planning on applying for a loan or raising capital from investors to launch your new venture you definitely need to build a professional business plan that includes all of the elements that prospective investors and lenders will be looking for. . . . keep reading
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What to Consider when Selecting a Bar Consultant
The job of a bar consultant covers several aspects of a successful bar business plan. Perhaps you have never thought of hiring a consultant to help you with the things you need to get done, but the services they can provide to you are very important for you to thrive as a bar owner! . . . keep reading
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What to consider when designing a bar or nightclub
The cost of designing any interior space usually ends up being much more than you imagine it will be before you begin making any purchases or installations. There is the more to the cost of a product than what is on the price tag, like installation and maintenance. . . . keep reading
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Tips for finding a good Lawyer or Accountant
A reliable accountant and good business lawyer are essential for you to obtain as a bar owner, but that certainly does not make it an easy task. In fact, it can be quite daunting! To ease your overwhelming feelings, here are a few tips for finding a lawyer and accountant after opening a bar. . . . keep reading
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How to research your local Bar Competition
Knowing how to research local competition is essential for any bar owner looking to create a bar business plan. Owning and operating a nightclub or bar is not one big party, though people on the outside may think it is . . . keep reading
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All systems go: the countdown to your opening
Bon-die Fortner
We can all recite the success, or failure, rate of new bars and restaurants and they are some scary numbers. When advising a client on a start-up there are a few things I consider being key focal points before ever getting the doors open. . . . keep reading
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Understanding the dynamics of competition
Bon-die Fortner
When given the opportunity to, I like to speak on the importance of treating our local and regional competitors with respect and support. I believe that we must all work together to develop our markets and to grow our futures. . . . keep reading
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How to avoid Bar Bankruptcies
New bars fail at alarmingly high rates (57 percent) during the first three years of their existence. Most of these bankruptcies can be attributed to poor management. . . . keep reading
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5 ways to prevent crime in your establishment
Hopefully your premises will not be the victim of criminal damage, however some elements of society make it their life's work to wreak havoc on other people's property. We look at 5 ways to prevent crime in your business. . . . keep reading
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Dealing with alcohol abuse amongst staff in the workplace
People who suffer from alcohol-related disabilities also experience difficulties in many different aspects of their life and one of these is that of employment. Very few alcoholics correspond to the typical down-and-out. The majority of people who have problems with their drinking are still in employment . . . keep reading
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Opening a Bar
