August 10, 2020  
 
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Resources for Entrepreneurs

 

Starting a Business

 

Opening a Raw Bar

These tips are ideal for entrepreneurial folks who want to open a raw bar. This is a must-read before you begin your venture.

Wondering how to start a raw bar? We take you step-by-step from start to success.
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Writing Tips for a Raw Bar Business Plan

Your new raw bar needs a business plan. But if you've never drafted a business plan before, the process can be intimidating.

But here's the good news: With a few tips, any entrepreneur can create a successful plan for their business. If you can get past the mystique, you'll see that a business plan just describes where your raw bar is headed and how you intend to get there.

Once your business plan is in place, you can use it for a variety of funding and planning functions.

Before you begin, we recommend reviewing a few sample business plans.

Evaluate Competitors

Prior to launching a raw bar in your town, it's a smart move to see what the competition looks like. We've provided the link below to help you get a list of local competitors in your city. Simply enter your city, state and zip code to get a list of raw bars in your town.

Is the local market large enough to support another raw bar? If not, you had better be sure that you are doing things much better than the competition.

Talk to People Who Are Already in the Business

If you are seriously contemplating launching a raw bar, it's a smart move to have a conversation with someone who is in the business. If you think your local competitors will give you advice, you're being overoptimistic. Why would they want to educate a future competitor?

On the other hand, an individual who has a raw bar in a location that is not competitive to you can be a great learning resource for you, provided that you won't be directly competing with them. In that case, the business owner may be more than happy to discuss the industry with you. Our estimate is that you may have to contact many business owners to find one who is willing to share his wisdom with you.

The key question new becomes: how to find an owner of a raw bar in a different locale who can assist you?

We can help. Follow the link below, try a few city/state combos or zipcodes, and then start calling!

Purchasing a Raw Bar

Many experts advise against starting a raw bar if you can buy an established operation. But as a raw bar buyer, you'll quickly discover that a business purchase isn't completely hassle-free.

There are no reliable shortcuts in buying a business. For most prospective business buyers, the first step is to contact a business broker.

Business brokers specialize in helping buyers locate profitable raw bar opportunities. They are also adept at guiding you through the purchase process so you can avoid the mistakes that are commonly made by first-time raw bar owners.

Consider Buying a Franchise

Your chances of achieving the entrepreneurial goal of doing well with your venture immediately improve when you join the ranks of franchisees rather than going it alone.

Prior to making the decision to open a raw bar, it's worthwhile to check out whether purchasing a franchise might make it easy to get started.

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.

How to Find Start-Up Capital


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