Entrepreneurs considering opening a bar or nightclub need to keep some important steps and information in mind. A bar requires steps that other businesses do not.
Write a business plan. Outline the kind of bar that will be opened, what kind of clientele it will cater to and what kind of entertainment it will be offering. A well-crafted business plan can help a potential bar owner secure financing.
A bar owner needs three very important business licenses before the establishment can open--a liquor license, a business license and a license to play copyright music in the bar (acquired through ASCAP).
Find a location that is accessible but not crowded by other bars. Check with the city zoning office to see where a bar can legally be opened, and then scout those areas for the best possible location.
Have enough start-up capital to hire a sufficient staff, purchase at least one week's worth of supplies and to do preliminary marketing and advertising.
Consider having food served in the bar. Food will give customers a reason to stay around longer than just coming in for one or two drinks, and food will also be another stream of revenue.
George N. Root III began writing professionally in 1985. His publishing credits include a weekly column in the "Lockport Union Sun and Journal" along with the "Spectrum," the "Niagara Falls Gazette," "Tonawanda News," "Watertown Daily News" and the "Buffalo News." Root has a Bachelor of Arts in English from the State University of New York, Buffalo.