Sport Bar Business Plan

Sport Bar Business Plan-29
The lowest 10 percent earned less than .60 per hour, and the top 10 percent earned more than .14 per hour.Bartenders’ earnings often come from a combination of hourly wages and customers’ tips.

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History Research Proposal Example - Sport Bar Business Plan

The median hourly wage for food and beverage serving and related workers was .72 in May 2010.Learn about trends in the Bar Business & Nightclub Business and where to find more info about how to open a bar business or nightclub business.Don’t forget you can receive free or low-cost training and free professional business advice, from your local Small Business Development Center!PRODUCTS, OPERATIONS & TECHNOLOGYMajor sources of revenue include beer (about 35 percent of sales), distilled spirits or hard liquor (30 percent), food and non-alcoholic beverages (20 percent), and wine (7 percent).Companies may specialize in certain beverages, like craft beers or martinis.According to the Fair Labor Standards Act, the employer may consider tips as part of wages, but the employer must pay at least .13 an hour in direct wages.In 2010, about half of all food and beverage serving and related workers worked part time.The lowest 10 percent earned less than .54 per hour, and the top 10 percent earned more than .62 per hour.Median hourly wages for food and beverage serving and related workers in May 2010 were as follows: Some food and beverage serving workers receive customer tips.Many entry-level or inexperienced workers earn the federal minimum wage.However, many others earn more per hour because they work in states that set minimum wages higher than the federal minimum.

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    Your company's business plan is a comprehensive instruction manual, so to speak, about how you intend to run your business. Potential investors and lenders carefully review business plans when deciding whether or not they want to put money in the company. If you plan on starting a bar, your business plan should.…

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    To kick things off, write an executive summary to outline the key point of your business plan. This helps give readers an idea of what you’ll be highlighting throughout the plan. Start with your vision for the bar. Do you imagine a sports bar filled with patrons during the big game, or a speakeasy space with craft cocktails?…

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