ONLINE BAR OWNERSHIP
The Bar Ownership program is designed for new or prospective bar owners with little to no
experience in the bar & restaurant industry. The course takes the student through the process of
conceiving, designing, and opening a new bar. It also covers the process of purchasing an
existing operation. You will have 14 days from the time of your registration to complete the
program at your leisure.
This course will take you through the three primary phases of bar ownership:
(Phase 1) Pre-Contemplation:
1. Type of Business- Registering your business as a sole proprietorship, corporation, or
partnership will make a big difference in your operation's taxes, liabilities, and money
management. Here you will learn which is best for you and why.
2. Type of Bar- Whether you're looking at opening a neighborhood bar, nightclub, lounge, or
restaurant/bar combination, each type of bar comes with its own set of risks and rewards. These
differences are discussed at length in this section as are the start-up details for each type of
operation.
3.Location Data: Where should you open or purchase a bar? What are the benefits and risks of
the location you've chosen? How do you properly assess a potential area for a new bar? Here you
will learn the answers to these questions and how to assess your own locations.
4.Estimated Start-Up Costs- How much is the average cost to open or purchase a bar? We'll give
you an industry breakdown as to how much money you're looking at to open any category of bar
in your area.
(Phase 2) Planning & Development:
1.Developing a Business plan-How do you go about writing a business plan for a bar? What
information needs to be included? What format does it need to be in? Where do you find all of the
information that's needed for completion? We'll take you step by step through the process and
provide you with sample plans to use as a template.
2. Financing & Expenses: Where do you go for financing your new business venture? How much
money will you need to get started? What are your chances at getting a loan? We'll discuss what
types of financing are available, what your qualifications need to be to get them, and how to
negotiate rates and terms for any commercial loan.
3.Licensing- Liquor licenses, food licenses, entertainment licenses, and business organizations
are discussed at great length here as is the process to acquire these licenses and restrictions
they include.
4. Purchase & Lease Agreements-Whether it's securing a contract for construction of a new
building, negotiating a lease agreement, or purchasing an existing bar, we'll teach you the
process for securing your bar's location
5. Design & Construction- Layouts, building codes, zoning restrictions, building limitations, colors,
themes, and furnishings are all covered in this section.
6. Equipment- What type of equipment your going to need, how much it's going to cost you, and
where you can get it is all discussed in this segment.
(Phase 3) Functional Operations:
1. Hiring & Labor Costs- Where to find new employees, how to qualify applicants, how to staff
your establishment, and how to forecast labor needs are all discussed in this section.
2. Stocking & Inventory Controls: What is a perpetual inventory system? What inventory
limitations should you set? How much product should you order or have in stock? Learn about
these issues here.
3. Insurance & Liability: Dram shop insurance, fire coverage, theft coverage, liability laws are all
important to your business and will be discussed in detail here.
4. Marketing & Advertising- We'll show you how to initiate a new marketing campaign and focus
in on your primary customer base. How to devise an effective advertising budget. And most of all,
how to get the customers flowing through your doors!
5. Insider Tips- The lessons from those that have graduated from the school of hard Knox in this
industry are revealed here. You'll learn insider knowledge on what to really expect with you new
business venture.
In addition to the program itself, you will have access to our free digital library which is loaded
with industry web links and sample files that will assist you in developing a business plan and
design for your new bar venture.
Following the completion of this program you will have a solid grasp on the process of developing
and ultimately owning a bar. You will also have the opportunity to move on to our Online Bar
Management program to learn how to successfully manage your new bar. The cost of this
program is $45.00
CLICK HERE TO START THE ONLINE BAR OWNERSHIP PROGRAM
BAR/RESTAURANT INDUSTRY THEFT PREVENTION
COMING- WINTER OF 2005
BASIC BARTENDING-TEXT
