Though it was very hard for me to find podcasts that were at least 30 min in length, I was able to find a lot of shorter videos and articles. After researching my industry for this blog assignment, I was very pleased with what I have learned. In the short podcasts that I was able to find, I learned some steps and keys to opening and operating a functioning bar.
A lot of suggestions amongst bar and night club owners are strict understanding and knowledge of inventory. Nightclubs and bars are huge cash money business which can leave a lot of potential for theft and improper sales. Supposedly keeping a firm check of inventory can make or break your bar. Not only will it help you avoid theft, it will also help you keep track of how much you need and use per night. Nothing is worse than looking like an idiot and not having the proper supplies for your customer. Keeping a well balanced knowledge of inventory will help you project sales and supplies for busy, regular and slow nights.
Next I learned that you must invest substantial amounts of capital into your entertainment. Bottom line, a vodka and cranberry taste the same everywhere you go. What will establish your place is the experience people will get upon attending. It is very important to always have modern and attracting artists and DJS perform at your venue.
Maintaining your intellectual property is huge in the night club industry as well. Successful clubs become so successful by building their look and brand. If you do not proceed with the proper filing and managing of your intellectual property, it can destroy you in the long run by sucking out all the creativity your venue offers.
Here are links of all the videos and articles I used to research this industry
http://www.artistshousemusic.org/videos/opening+a+club+or+venue+three+things+you+absolutely+positively+need+to+know
http://www.artistshousemusic.org/videos/good+and+bad+days+in+the+life+of+a+club+owner
http://nightclubpros.com/starting-a-night-club
http://www.powerhomebiz.com/vol141/nightclub2.htm
http://www.ehow.com/video_4755463_calculating-cost-starting-nightclub.html
http://smallbusiness.chron.com/start-nightclub-business-2085.html
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