Calculating the Cost of Starting a Nightclub

Video Transcript

"Whew! Opening a night club is no joke, so either you have a lot of cash money on hand, or figure out a way to opt hand, opt team financing, local banks, credit unions, backers, investors, family friends. Once you get your financing taken care of, here's a couple things you need to look at in regards to calculating costs. You need to pay for your entertainment, whether it's DJ, MC's, some night clubs even have comedians on an off night. You need to pay for your your staffing. Bartenders, bar backs, bouncers, waitresses, shot girls, if you happen to be a night club that serves fluid, you need to...you need to pay for your your kitchen help. So if you're thinking about oo...opening up a night club, there's a couple things you need to consider. Thee rent, thee utilities, the staffing. So those are a couple things you need to know in calculating the cost for running a night club."