Are you considering starting a Sports Bar Business and you’re in need of a sports bar business plan PDF? if yes, you'll find this free book to be extremely helpful.
This is a practical guide that will walk you step by step through all the essentials of starting your business. The book is packed with guides, worksheets and checklists. These strategies are absolutely crucial to your business' success yet are simple and easy to apply.
Checklist for Starting a Business: Essential Ingredients for Success
If you are thinking about going into business, it is imperative that you watch this video first! it will take you by the hand and walk you through each and every phase of starting a business. It features all the essential aspects you must consider BEFORE you start a business. This will allow you to predict problems before they happen and keep you from losing your shirt on dog business ideas. Ignore it at your own peril!
Here’s a Valuable Free Gift for You
This is a
high quality, full blown business plan template complete with detailed
instructions and all related spreadsheets. You can download it to your
PC and easily prepare a professional business plan for your business.
Click Here! To
get your free business plan template
The Single Most Important Ingredient for Business Success
The first and most important thing you need to acquire in order to succeed in a small business is... knowledge.
Sounds exaggerated? Listen to this...
According to research conducted by Dun & Bradstreet, 90% of all small business failures can be traced to poor management resulting from lack of knowledge.
This is backed up by my own personal observations. In my 31 years as a business coach and consultant to small businesses, I've seen practically dozens of small business owners go under and lose their businesses -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work.
Conclusion: if you are really serious about succeeding in a business... If you want to avoid the common traps and mistakes... it is absolutely imperative that you acquire the right knowledge.
"Why Invent Mediocrity, When You Can Copy Genius?"
That's an excellent quote I picked up from a fellow business owner a few years back. What this means is that you should see what is working and try to duplicate Printing Business. Why go through all the trouble of inventing something new, that you don't even know will ever work, when you can easily learn from and duplicate something that has been a proven success?
[ Note: One of the BIGGEST mistakes almost all new businesses make is that they WASTE tons of valuable time, energy and money on trying to create something "new", that has never been tested or proven... only to find out later that it was a total loss. Don't make the same mistake! ]
Hi! My name is Meir. I'm the founder and president of BizMove.com, a successful internet based information business. I'm also the author of numerous books, mostly in the area of small business management.
I've been involved in small business for the past 31 years of my life, as a business coach, manager of a consulting firm, a seminar leader and as the owner of five successful businesses.
During my career as a business coach and consultant I've helped dozens of business owners start their businesses, market, expand, get out of troubles, sell their businesses and do practically every other small business activity you can think of.
You see, I have been there .... done it ... and bought the Small Business t-shirt! -- This free book contains techniques and strategies I've learned during my 31 year small business career.
Here's what you'll discover in the 'How to Start a Printing Business' book:
How to determine the feasibility of your business idea - a complete fill in the blanks template system that will help you predict problems before they happen and keep you from losing your shirt on dog business ideas.
A detailed manual that will walk you step by step through all the essential phases of starting your business
A complete sports bar business plan PDF template. This fill-in-the-blanks template includes every section of your business plan, including Executive Summary, Objectives, SWOT Analysis, Marketing Analysis and Strategy, Operations Plan, Financial Projections and more (a similar template is sold elsewhere for $69.95).
All this and much much more.
Success Tip: Setting Goals
Good management is the key to success and good management starts with setting goals. Set goals for yourself for the accomplishment of the many tasks necessary in starting and managing your business successfully. Be specific. Write down the goals in measurable terms of performance. Break major goals down into sub-goals, showing what you expect to achieve in the next two to three months, the next six months, the next year, and the next five years. Beside each goal and sub-goal place a specific date showing when it is to be achieved.
Plan the action you must take to attain the goals. While the effort required to reach each sub-goal should be great enough to challenge you, it should not be so great or unreasonable as to discourage you. Do not plan to reach too many goals all at one time.
Establish priorities. Plan in advance how to measure results so you can know exactly how well you are doing. This is what is meant by "measurable" goals. If you can’t keep score as you go along you are likely to lose motivation. Re-work your plan of action to allow for obstacles which may stand in your way. Try to foresee obstacles and plan ways to avert or minimize them.
Click here! to download your Sports Bar Business plan PDF book for free
Here're other free books in the "how to start a business" series that may interest you:
Agriculture Assisted living Auto repair Bakery Bar Beauty salon Bed and breakfast Bookkeeping Boutique Bowling alley Carpet cleaning Car wash Catering Cattle farming Charity Cleaning Coffee shop Computer repair Construction Consulting Convenience-store Cupcake Daycare Dental Dog daycare Ecommerce Electrical Embroidery Engineering Farm Fashion Film Financial advisor Fitness center Flower-shop Food Food truck Franchise Frozen yogurt Furniture store Gas station Goat farming Grocery store Gym Hairdressing Hair salon Ice cream Insurance agency Interior design Internet Internet cafe IT Jewelry Landscaping Laundromat Laundry Law firm Magazine Manufacturing Microbrewery Motel-hotel Music Nightclub Nonprofit Nursery Online-retail Photography Pizza Plumbing Poultry farming Preschool Printing Private investigator Pub Real-estate Resort Restaurant Retail School Security company Service Software Spa Sports-bar Startup Supermarket Travel agency Trucking Vegetable-farming WebsiteHere's a Sample 'Executive Summary' for a Sports Bar Business plan:
[BUSINESS NAME] ([BUSINESS NAME] or the Company) is a sports bar and pub serving all types of people. It will serve alcohol as well as food and will offer televised sporting events. The Company is located in Reynoldsburg, Ohio.
The Company will provide a fun and enjoyable atmosphere. It will offer a menu of fried and baked food, interactive vending (i.e. billiards, darts, music, arcade, etc.) and Ohio Lottery Keno. [BUSINESS NAME] will also provide all televised sporting events (i.e. NFL, MLB, NBA, NHL, etc.) to include pay per view events (i.e. the Ultimate Fighting Championship, boxing, etc.)
The Company’s facility has a very unique floor plan that offers a private “at home” experience with a gas burning fire place in the billiards room and a loft area that will be equipped with sofa sectional seating and two (2) 50 inch plasma television entertainment centers. The focus will be on direct personal service allowing patrons to comfortably enjoy every play of the game without interruption.
In addition, the bar will be equipped with five (5) 47 inch flat panel plasma televisions that will display all current televised sporting events. The current bar is being redesigned to add more seating area. The current flooring is being resurfaced with a decorative non-slip concrete.
[BUSINESS NAME] will coordinate various competitive leagues and tournaments such as billiards, electronic darts, beer pong and keno. Televised sporting events will include pay per view and televised game. Additionally, electronic touch screen skill games, corn hole leagues, and offer private theme based parties (i.e. birthday, anniversary, bachelor, bachelorette, college graduations, etc.) will be offered.
Excellent Market Opportunity [BUSINESS NAME] will take advantage of numerous factors to drive its growth. Customers will frequent the Company for its fun atmosphere and pleasant, personal service. They will seek out [BUSINESS NAME] for its mainstream sporting events. The Company will train its staff to provide genuine hospitality and attentive service seldom used in today’s bar/pub industry. The Company will also be providing a food menu that is also not available at other locations.
The Company will also focus on developing a good rapport with patrons and purveyors that fosters a genuine, loyal relationship in various areas but focusing on these core elements:
[BUSINESS NAME] will also take advantage of the fact that the city of Reynoldsburg is in the process of revitalizing the exact area that the Company is located. This will draw customers that live outside the immediate area and it will give [BUSINESS NAME] a great opportunity to create a growing, loyal, and diverse clientele. The quality of service, products and entertainment that [BUSINESS NAME] provides will support and enhance the city’s efforts at improvement.
Profitable Growth
[BUSINESS NAME] expects to gain a profitable market share within a very short period of time. Determinations have been made for the size of the market, amounts of budgeted advertising and promotional dollars and the competitive landscape.
Projections call for the Company to generate revenues of $120,000 in its first twelve months. [BUSINESS NAME] will achieve strong growth over the next several years, reaching $140,000 in revenues and more than $13,000 of net income by the fifth year.
U. S. Dining Out Continues to Increase
For Americans, eating out has become a way of life. Despite the recession, customers are still eating and ordering out. According to the National Restaurant Association’s 2010 Restaurant Industry Forecast, the following trends are expected in 2010:
The typical American consumer now is almost as likely to spend just as many dollars on food away from home as on food prepared at home. Government statistics show a continuing trend towards dining out as the fast pace lifestyle of today shows no signs of slowing down. According to a report in 2006 from the U.S. Department of Agriculture's Economic Research Service (ERS), Americans spend 48.9 percent of their food dollars away from home– the highest percentage on record. That figure was only 37% thirty years ago.
According to the United States Department of Agriculture, (USDA) there has been a trend toward increased food consumption away from home over the last several decades (see charts below). This trend is attributed to an ongoing increased demand for entertainment and convenience.
Food Away from Home: Total expenditures 9 |
|||||||
Year |
Eating and drinking places2 |
Hotels and motels2 |
Retail stores, direct selling3 |
Recreational places4 |
Schools and colleges5 |
All other6 |
Total7 |
|
Million Dollars |
||||||
2000 |
282,235 |
18,003 |
16,932 |
14,662 |
24,468 |
35,157 |
391,457 |
2001 |
289,331 |
20,813 |
18,056 |
15,316 |
25,394 |
35,794 |
404,705 |
2002 |
300,753 |
21,812 |
19,753 |
16,235 |
26,735 |
36,169 |
421,283 |
2003 |
317,522 |
22,049 |
19,701 |
16,635 |
28,077 |
37,762 |
441,745 |
2004 |
338,147 |
22,543 |
20,012 |
16,797 |
29,287 |
39,368 |
466,153 |
2005 |
358,816 |
22,923 |
20,519 |
17,336 |
30,271 |
41,581 |
491,445 |
2006 |
382,193 |
23,093 |
24,257 |
18,163 |
30,897 |
43,153 |
521,758 |
2007 |
402,176 |
23,178 |
25,357 |
18,988 |
31,859 |
45,692 |
547,250 |
2008 |
417,064 |
23,772 |
24,198 |
19,691 |
33,130 |
47,429 |
565,284 |
AER-575, U.S. Department of Agriculture, Economic Research Service, August 1987, for a description of USDA total food expenditures. |
Restaurant Trends
Restaurant sales continue to grow decade over decade. Sales will top $580 billion dollars in 2010. A whopping 59% of adults say there are more restaurants they enjoy going to now than there were two years ago. The following graph shows the growth in restaurant sales. One factor that will fuel this segment of the industry, for decades, is the 78 million baby boomers in the United States, most with disposable income. Many baby boomers are described as savvy diners that possess demanding expectations of dining service and experiences.
It is estimated that for every dollar spent by the consumer at a restaurant adds an additional $1.98 spent in other industries related to the restaurant industry. Furthermore, for every $1 million in restaurant sales 42 jobs are generated for the nation’s economy.
Presently, 7-out-of-10 eating and drinking establishments are independently owned and operated; local restaurants remain as popular as ever and are growing at a substantial rate. The majority of eating and drinking places are small businesses with fewer than 20 employees.
Restaurants also provide management opportunities. The number of foodservice managers from 2006 to 2016 is expected to increase by 12% and 9-out-of-10 of these managers will start as an hourly employee. Impressively, the average salary of 3-out-of-5 foodservice managers is $50,000 or more; the NRA reports 28% of adults got their first job experience at a restaurant.
Restaurant Facts and Figures
The National Restaurant Association (NRA) has reported the following 2010 overview statistics:
The NRA goes on to state: