How Do You 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. 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. 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