9:27 am - Sunday October 26, 2014

Free 5 Best and Simple Bar or Tavern Business Plan Samples

Bplan: Bar and Tavern Business Plan

Executive Summary

Foosball Hall is a new gaming hall and bar serving the Madison, Wisconsin community. Foosball or table soccer is an exciting table game originating from 1920’s Germany. The game involves two to four people in an exciting match that tests skill, strategy, and willingness to have fun. People, primarily male students, play foosball as an exciting alternative to pool. They are looking for skill oriented game that they can play in the social setting of a bar. While there are many different pool hall bars in Madison, there are no foosball bars even though the demand is quite apparent. Demand can be witnessed anywhere there is a foosball table. There are always lines of people waiting to play, and it is extremely rare to be able to walk up to an unused foosball table. Foosball Hall will meet the unmet demand in Madison, Wisconsin with a bar offering beer, food, beverages and plenty of foosball tables for casual play as well as tournaments.

Keys to Success
Foosball Hall has identified three keys that will be critical for their success. The first is the need to design and implement strict financial controls. This is particularly important for an establishment that serves alcohol, as employee theft is one of the largest drains on this type of business. The financial controls will help minimize this risk. The second key is the behavior of all employees toward customers – that each customer is treated as if they were the most important customer of Foosball Hall. The last key to success will be the constant analysis for improvement of the business model. It will be management’s task to continually analyze the business model looking for ways that it can be adjusted to increase profitability for the business. Foosball Hall will not assume that this business model is static, rather, they believe that in order to improve it must be dynamic… Read more!

————————————————————-

Bar Tavern Business Plan

Source

———————————————————–

Free Bar and Tavern Business Plan

Bar and Tavern Business Plan Executive Summary

The executive summary for your Bar and Tavern Business should be written last. It should include the main people involved in your Bar and Tavern Business and their experience related to the Bar and Tavern Business. There should be a brief description of what the Bar and Tavern Business entails. Your Bar and Tavern Business should include some brief financial statements such as loans you will require and profit/loss statements for the first 3 years.

Objectives

The should be your short term and long term objectives for your Bar and Tavern Business.

Mission

What is the main mission for your Bar and Tavern Business.

Keys to Success

A few bullet points to briefly describe why your Bar and Tavern Business will be a success… Read more!!!

———————————————————

How to start a Bar and Tavern Business

1. Write A Business Plan

Writing a business plan for your small business is key in getting your new Bar and Tavern Service venture off to the its best start. Lenders won’t even consider your request for a loan without a written business plan in hand. Also, the process of preparing a business plan forces you as an entrepreneur to consider every aspect of the company’s operations. Don’t skimp on this crucial step.

2. Choose A Company Name

When choosing a company name, pick a name that easily fits into a web address or domain name. Your web address should be easy to type, simple but catchy. Every business has an internet presence nowadays. You must be sure that your Bar and Tavern business is on the internet as well. Once you pick a company name for your Bar and Tavern business, make sure to register the domain name quickly, before someone else does. You may also want to get not only the .com version of the name, but the .biz and .info versions as well, so that competitors don’t encroach on your business by grabbing your domain with a different extension. You may regret not having these additional domains when your company grows and becomes successful… Read more!!!

——————————————————

Bar and Tavern Business Plan Template

1.0 Bar and Tavern Business Plan Executive Summary
1.1 Objectives
1.2 Mission
1.3 Keys to Success

2.0 Company Summary
2.1 Company Ownership
2.2 Company History (for ongoing companies) or
Start-up Plan (for new companies)
2.3 Company Locations and Facilities

3.0 Products and Services
3.1 Product and Service Description
3.2 Competitive Comparison
3.3 Sales Literature
3.4 Sourcing and Fulfillment
3.5 Technology
3.6 Future Products and Services

4.0 Market Analysis Summary
4.1 Market Segmentation
4.2 Target Market Segment Strategy
4.2.1 Market Needs
4.2.2 Market Trends
4.2.3 Market Growth
4.3 Industry Analysis
4.3.1 Industry Participants
4.3.2 Distribution Patterns
4.3.3 Competition and Buying Patterns
4.3.4 Main Competitors

5.0 Strategy and Implementation Summary
5.1 Strategy Pyramids
5.2 Value Proposition
5.3 Competitive Edge
5.4 Marketing Strategy
5.4.1 Positioning Statements
5.4.2 Pricing Strategy
5.4.3 Promotion Strategy
5.4.4 Distribution Patterns
5.4.5 Marketing Programs
5.5 Sales Strategy
5.5.1 Sales Forecast
5.5.2 Sales Programs
5.6 Strategic Alliances
5.7 Milestones

6.0 Web Plan Summary
6.1 Website Marketing Strategy
6.2 Development Requirements

7.0 Management Summary
7.1 Organizational Structure
7.2 Management Team
7.3 Management Team Gaps
7.4 Personnel Plan

8.0 Financial Plan
8.1 Important Assumptions
8.2 Key Financial Indicators
8.3 Break-even Analysis
8.4 Projected Profit and Loss
8.5 Projected Cash Flow
8.6 Projected Balance Sheet
8.7 Business Ratios
8.8 Long-term Plan

(Read more)

Share

Filed in: Business Plan Sample

No comments yet.

Leave a Reply