December 12, 2017  
 
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Starting a Business

 

Opening a Bartending Instruction Business

These tips are ideal for aspiring entrepreneurs who hope to start a bartending school. Read this advice before you open up shop.

Wondering how to start a bartending school? We take you step-by-step from start to success.
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Writing a Business Plan for a Bartending Instruction Business

A carefully crafted business is your bartending school's most important asset. With the right ingredients, your business plan will keep you new venture on course and help you avoid the pitfalls that plague other startup entrepreneurs.

Although many entrepreneurs write their own business plans, others outsource business plan creation to a professional business plan writer.

Time and time again, the best entrepreneurs we see rely on professionally crafted plans to guide their decision making. However, outsourcing doesn't completely eliminate your responsibilities in the writing process.

As the primary stakeholder in your bartending school, you will intentionally need to insert yourself in various stages of the plan's development.

Investigate Competitors

Prior to launching a bartending school in your town, it's a good idea to find out how many competitors you have. Try our link below to get a list of local competitors in your city. Just enter your city, state and zip code to get a list of bartending schools in your community.

If there's too much competition, it may be wise to consider starting the business in a less competitive marketplace.

Finding a Non-Competitive Business Mentor

If you are interested in starting a bartending school, it's a wise move to learn as much as you can from somebody who is already in the business. If you think owners of nearby bartending schools will give you advice, think again. Why would they want to educate a future competitor?

However, a fellow entrepreneur who has started a bartending school in a different city may be willing to share their entrepreneurial wisdom with you, once they realize that you are not going to directly compete with them in their community. In that case, the business owner may be more than happy to discuss the industry with you. In my experience, you may have to call ten business owners in order to find one who is willing to share his wisdom with you.

Do you know how to find an entrepreneur who is running a bartending school on the other side of the country to talk to?

Simple. Let your fingers do the walking by using the link below.

Is It Easier to Buy an Existing Bartending Instruction Business?

Tough decisions are what business ownership is all about. And one of the first decisions you'll have to make is whether to start a business from scratch or buy an existing bartending school.

Despite the appeal of a new business launch, the scales consistently tip in favor of buying a proven business enterprise. When you buy an established bartending school, you gain access to a functional business operation with a customer base and a steady revenue stream.

Entrepreneurs who are committed to a highly unique value proposition may need to pursue a startup approach. But whenever possible, we recommend carefully surveying the business-for-sale marketplace before committing to a startup approach.

Consider Franchising

As an entrepreneur, your chances surviving in business greatly improve when you opt to franchise and leverage their successful brand and track record.

Prior to making the decision to open a bartending school, you may want to investigate whether franchise opportunities in your space might help you avoid common entrepreneurial mistakes.

The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.

Related Articles on Starting a Company

These additional resources regarding starting a business may be of interest to you.

Business Idea Evaluation

How to Find Angel Investors

Free Business Plan Templates


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Already Own a Bartending Instruction Business?

If you currently own a bartending school, these resources will come in handy:

Marketing a Bartending Instruction Business

Selling a Bartending Instruction Business

Do You Sell to Bartending Instruction Businesses?

If you sell to bartending schools, we've got better information for you elsewhere on our site. These resources are more appropriate for you:

Selling to Bartending Instruction Businesses

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