Learn something new every day
More Info... by email
If you would like to become a bar owner, there are several things that should be taken into consideration to ensure your success. It might be helpful to know how to manage a food business; order supplies; hire, train and manage staff; and perform bookkeeping and other office tasks. Formal training in these specific areas can be of great benefit, but it is not always necessary and can be picked up through on-the-job training.
There can be many steps involved in managing a bar. One of the first steps that should be taken in order to become a bar owner is to create a business plan. This will give you focus in carrying out your task and might help you acquire financing for the venture. After preliminary planning has been done, you can do day-to-day managerial tasks such as hiring staff members, ordering supplies, keeping track of accounting and generally making sure everything is running smoothly.
Ordering supplies involves not only knowing what to order but also who to order it from. Various suppliers carry different supplies and offer different pricing structures. It also might be helpful to know how much of each item to order and how often to order it.
In order to become a bar owner, you generally need to know how to hire, train and manage a staff. This might range from one other person to several people working different shifts. Having the ability to spot a person that will do a great job, further your business and treat your customers well takes some practice. Knowing how to train the employees and manage them well also is important. This can help ensure that they enjoy their job.
It usually is helpful to have bookkeeping experience in order to become a bar owner. Many business owners will hire someone to handle bookkeeping and other accounting tasks. Even if this is the route you choose to take, it usually is advisable to have a general knowledge of what is going on so that you are educated about your finances.
College coursework in food services and business could be helpful if you want to become a bar owner. These will give you good background information, and some courses might even delve deeper into your specific situation. Working in a bar or other food service business also could help tremendously by giving you on-the-job training.
One of our editors will review your suggestion and make changes if warranted. Note that depending on the number of suggestions we receive, this can take anywhere from a few hours to a few days. Thank you for helping to improve wiseGEEK!