Opening a Business
Opening a Bartending Service
Opening a bartending service is an excellent entrepreneurial opportunity if you do it right. We offer a friendly, comprehensive guide that demystifies what it takes to be successful.
Wondering how to start a bartending service? We take you step-by-step from start to success.
Business Plans 101 for Bartending Service Startups
Startup entrepreneurs slave over the creation of their business plans, investing countless hours in the details of their startup strategy. But have you included any material about your industry?
Industry analyses are standard chapters in bartending service business plans and are often required by lenders or investors. Industry analyses are critical for contextualizing your startup within an industry setting.
Although it sounds complicated, most entrepreneurs can create an effective industry analysis section by simply steering clear of common industry analysis mistakes.
Review Competitors
Prior to launching a bartending service in your area, it's essential to see how you will fit in the competitive landscape. We've provided the link below to help you generate a list of competitors in your city. After clicking on the link, type in your city, state and zip code to get a list of bartending services near you.
Prior to opening your doors for business, be sure you fully understand the competitive landscape and where your new business will fit in.
Turning Competitors Into Collaborators
As part of your due diligence on opening a bartending service, you really ought to learn as much as you can from somebody who is already in the business. If you think your local competitors will give you advice, you're being overoptimistic. It'd be crazy for them to teach you the business.
But, a person who owns a bartending service in a location that is not competitive to you will be much more likely to talk with you, once they realize that you are not going to directly compete with them in their community. Indeed, many experienced entrepreneurs enjoy offering advice to startup entrepreneurs. If you are persistent, you can find a business mentor who is willing to help you out.
What's the process for finding a bartending service founder in a different locale who can assist you?
Here's how we would do it. Try the useful link below and key in a random city/state or zipcode.
Entrepreneurial Alternatives for Bartending Services
Common sense will tell you that to enter the world of bartending service, you'll either need to start a new business or acquire a promising company on the business-for-sale marketplace. Although startup bartending services are common, many new entrepreneurs overlook the benefits of buying a bartending service on the business-for-sale marketplace.
If you're on the fence consider this: There has never been a better time to acquire a bartending service. The down economy has resulted in a glut of available businesses, many of which can be acquired for bargain prices.
Consider Franchising
Your chances of achieving the entrepreneurial goal of becoming a successful entrepreneur are higher if you purchase a franchise and leverage their successful brand and track record.
Before you consider starting a bartending service, a smart move is to determine whether buying a franchise could increase your chances of success.
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.
Share this article
Additional Resources for Entrepreneurs