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Bar Management
As you well know, managing a bar takes more than a love of liquor! Managing a bar can be hard work, but it can be very rewarding work and very profitable if done correctly.
Bar Management requires a knowledge of hiring, firing, vendors, liquor, financials and much much more. Use our expert tips below to help manage your business and turn it into a profitable enterprise!
Understanding the relationship between costs and profits as well as the cost-loss areas of the bar are essential skills. Use our tools to get a better understanding of your business today!
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How to Know if You Should Franchise or Not
Douglas Fisher
As a retailer, there are three principle ways by which you can grow your business: increasing your volume at your current operation; developing a corporate rollout strategy, and, franchising your business. . . . keep reading
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Patron Scams to Watch Out For
Douglas Fisher
Patrons are easy to take money from usually because they do not know your policies, shot size or price list, they are considered an undetectable free-for-all. . . . keep reading
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Bar Scams to Watch Out For
Douglas Fisher
Honest Bartenders -- those who pour full shots for customers, charge the correct amount and place the receipts in the till -- are becoming a rarer, albeit, distinct breed. . . . keep reading
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5 Pricing Models to make your Bar Competitive
Douglas Fisher
Over the last few years, I have worked with clients to perfect the Optimum Pricing Model which has allowed my clients to sell profitable products at competitive prices and has enabled them to become more financially successful. . . . keep reading
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How to turn a complaint into a satisfied customer and repeat business
If you deal with a customer complaint successfully then you will gain loyalty and most probably a return visit from that customer. If you mishandle or disregard the customer complaints then you will lose valuable business and in turn will lose further potential revenue from this customer and also from the people who he will tell of his poor experience. . . . keep reading
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Goal Setting for Profit? Worth your time? YES!
Tracey D'Aviero
Do you use goal setting to help manage your profits in your bar or restaurant? Did you know that using an effective goal strategy can help you refine those goals so that they are SMART goals? Using the SMART goal setting strategy is an effective way to help you perfect the details of your goal, so that it is focused and achievable. . . . keep reading
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