Article / Updated 03-26-2016
Owning a bar is an expensive and potentially risky proposition. As with any new business, you budget your costs, forecast your sales, and hope the sales exceed the expenses. But, to be successful, you have to do more than just hope. You need to do your homework and get your detailed plan together first.
You've probably heard "Failing to plan is planning to fail," and it's as true in this business as it is in any other.