If you’re one of many nightclub investors, plan to build one from scratch, or you’re already managing one, you need to know about the latest trends in the industry. By being aware of these trends, you can determine how to improve your business to satisfy your customers, pique their interest, and keep them coming back. You’ll…
Whether you are operating a spiffy urban high energy dance operation or a small suburban entertainment and sports bar, a key component to your nightclub business plan success is including a consistent and constantly updated activities calendar. Like the music recording business where the top songs of many music artists only stay popular for a…
The allure of investing in a sexy new nightclub business plan is ripe with failure if one approaches these high risk investments differently than others, says this Night Club Consultant. Still, the attraction of high drink profit margins, long lines waiting to pay a cash cover charge and being a part of the newest hot…
Lawsuits arising from slip and falls, security issues and equipment in bars, clubs and special venues are fairly common as a nightclub consultant and expert working with owners, operators and their attorneys. In fact, there have been reports in the past that say the top one-hundred most hazardous industries includes food and beverage businesses, such…
There has been a large number of lawsuits in the food and beverage and related entertainment aspects of the industry, which contributes to higher premises and liability insurance costs in our experience as a bar and nightclub expert. This has also limited availability of certain carriers who insure what is perceived as much higher risk…
Generating new business in an innovative way through texting is a solid idea when you buy a nightclub and want to add another marketing channel. Equally important is controlling wine pours that notoriously fluctuate more than mixed drinks and draft beer. Check out these ideas for your bar and club investment to promote sales and…
The idea to buy a nightclub from a standpoint of diversifying your investments can prove to be a profitable decision. Many of these businesses if bought and managed properly can provide high returns in a short period, sometimes within three years. Of course, this is provided you understand and avoid these simple reasons not to…
Advice from many a restaurant management consultant would suggest one should write a comprehensive business plan prior to approaching banks, investors and others when trying to raise money. However, sitting down and writing a final draft will require a significant amount of time and effort unless you are hiring a professional to do some or…
Post recessions can be good for bar sales and another reason to buy a night club in this economy. After all, after times are tough, people need another outlet. Drink consumption and the social aspects that come with it drive more beverage sales. Also, and once economic times improve, people are more apt to begin…
Our focus this week in bar and nightclub management contains excerpts from the 2011 Nightclub and Bar Convention held in Las Vegas back in March. The best ways to stay on top and new trends in beer crafting dominated the industry talks among owners, operators, promoters and suppliers last month. Here are some of those…