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Owning a Bar: Everything You Need to Know

7 Shifts

Hiring a Strong Team You'll need a manager, bartenders, waiters, and security. Find these candidates by hiring slowly: Use platforms like Poached Jobs and AllBartenders.com and ask for referrals by reaching out to family, friends, business partners, and other connections in the hospitality industry. Step 2: Track job candidates.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

In this guide, we'll go through everything you need to open a new coffee shop, from market research to buying coffee to hiring the best team. Obtain Permits and Licenses. Staffing: Find, Hire, and Schedule. Will you use social media marketing? Business License. Liquor License. Table of Contents.

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Restaurant Failure Rate: Why Restaurants Fail And How To Make Yours Succeed

ChowNow

Start with a detailed business plan that lays out every cost, from food costs and equipment to licensing and operating expenses. Before you do anything like sign a lease or hire your wait staff, take the time to do real market research. Create a buffer for unexpected expenses and slow times. Who are your customers ?

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Reopening a Restaurant in a New Location? Don’t Skip This Step

The Rail

This is where hiring professional restaurant equipment movers becomes crucial. Start by announcing your move as early as possible on all your communication channels social media, email newsletters , and in-person interactions. Handle Licenses, Permits, and Inspections Early Opening day cant happen without the right paperwork.

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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Tack on obtaining permits and licenses, and you could be in for a pretty big check. Things to consider are: Local Sentiment Finances Equipment Taxes or Violations Licenses and Permits What is the local sentiment towards the restaurant? Is the liquor license included in the sale? Table of Contents. How to Buy a Restaurant.

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Restaurant Accounting: A Comprehensive Guide

7 Shifts

Step 2: Look for a trustworthy restaurant accountant Even if you already know the restaurant bookkeeping and accounting process well, we suggest hiring a professional accountant to help ensure your business complies with local tax, payroll, federal, and state laws.

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How to Open a Bar: Comprehensive Guide on Starting a Bar

7 Shifts

However, note that bar profit margins vary due to various factors like tax rates, licensing laws, customer demographics, and the cost of living in your area. It also helps to research your target customers' age and social status. Generally, retail stores and restaurants spend around 5% to 10% of their gross income to pay rent.

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