How to Start a Bar or Nightclub
Starting a bar or nightclub requires a small business plan and at least three months' worth of funds in the bank. After the business plan is drawn up, one can follow the plan and start a profitable business. The owner of a small business such as a bar should plan to work at least forty hours a week until the business starts to show a nice profit. The profits could come right away, or it may take a few months of hard work.
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Instructions
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How to Start a Bar or Nightclub
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The first thing a new business owner needs is a small business plan. The plan should detail what the expenses will be to start and run the business. The business plan should have as much detail as possible about profit and loss, as well as the funds needed up front for at least the first three months.
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Apply for a Federal Identification Number, liquor license, ATF permit, state or local seller permit and any other licenses that apply to the business required by the local authority. The operator must file with the employment center as well. The licenses are paid for out of the three-month funds.
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Set up workmen's compensation insurance and business insurance. This is to be done before going any further with the business.
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Buy the liquor, beer and supplies for the business. This will be paid for out of the three-month funds. Order enough to last until the next purchasing day. The start up can cost more than what the actual monthly cost will be.
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Obtain beer and liquor neon lights and signs from the distributors to decorate the business. Any other items should be bought out of the first three months funds. This expense is a one-time expense.
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Hire bartenders and any other staff members that are needed. Be sure to choose carefully, and call references. Pick employees that seem like genuinely nice and hard-working people. Treat them well if you want them to respect you and your business.
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Advertise the opening of the business in newspapers and on the radio. This expense will come out of the three-month funds.
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Tips & Warnings
The first month of funds will be higher than what your overall monthly costs will be.
Make sure all licenses are display for the public to see.
Have all bartenders licensed.
It is not easy to run this type of business if you are not a people person.
