When deciding on the right size and layout for your bar, several essential factors come into play, demanding careful consideration to ensure that the space is both functional and welcoming. Initially, it is critical to examine the primary goals of your establishment. Are you aiming for a high-energy sports bar, a cozy cocktail lounge, or…
Month: September 2022
What makes a successful happy hour that keeps customers coming back?
Happy hour is more than just a period of discounted prices at a bar or restaurant; it’s an experience that can become the highlight of a patron’s day, a social event that brings people together after a long day of work or during a leisurely weekend afternoon. To create a successful happy hour that keeps…
What’s the Fine Line Between Edgy and Offensive Bar Events?
Navigating the boundary between edgy and offensive bar events is a modern challenge that requires sensitivity, creativity, and a deep understanding of cultural dynamics. At the heart of this issue is the desire to create engaging experiences that attract patrons and generate buzz, yet doing so without crossing into territory that alienates or insults any…
What are the key financial metrics to monitor when running a bar?
When operating a bar, monitoring certain financial metrics is essential for understanding the health of the business, and for making informed strategic decisions. Below are some of the key financial metrics that bar owners and managers should pay close attention to: Gross Profit Margin: One of the most fundamental metrics is the gross profit margin,…
What are the keys to designing a profitable bar menu?
When designing a profitable bar menu, several key factors must be carefully considered to ensure that customers are enticed to order, while also prioritizing profit margins and operational efficiency. Developing a menu that balances customer preferences with cost-effective operations is both an art and a science. The first key to a profitable bar menu is…