How often do you want to plan events to fill your location?
If you’re a restaurant, what food makes sense for your location and what prices will be best for your demographic?
It can help you claim share in your market, but you should also be OK with emulating successful elements of other bars and restaurants.
The best way to learn about the bar business is to get a job as a bartender.
Pro tip: Do not — whatever you do — sign a lease for the first place you see. You’ll need to work with your local city officials — including health inspectors, plumbing, electrical and construction inspectors — and dozens of other individuals to get to the point where you can open your bar.
Also, get a good lawyer to review any lease documents before you sign them. This is the first place where a business plan pays off.
When I tell people I own a geek bar, they get very excited for me. “You get to hang out, drink, and play video games all day!
” I do get to do those things (though not as much as I used to), and I’m lucky to have a great community that supports us, but it took a lot of hard work to get where we are today — where I am still doing a lot of hard work to make it look like I’m not.
Even with that experience, there are plenty of other lessons I had to learn once I was a gaming lounge owner.
Remember all that fun stuff about parties and weekly Smash Brothers tournaments?