One of the biggest challenges of owning and managing a bar is hiring employees you can trust and rely on. But even when you think you’ve hired the right team the risk is still there – bartender theft is one of the top ways your bar can lose revenue. This is why you need to Read More →
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Bar Design Ideas to Create a Stunning Venue
Bar Management
Whether you’re opening your bar or redesigning an existing venue, bar design plays a big role in your success. Not only does your bar space need to be designed so it’s appealing and creates a unique atmosphere, the design also needs to be functional, so your bartenders and servers have enough space to do their Read More →
Average Bar Profit Margins And How To Maximize Yours
Bar Management
The bar and nightclub industry continues to grow with 2019 seeing a 1.4% growth. And while it doesn’t seem too bad, this growth is below the US inflation rate (2.3% in 2019). So, on average, costs have risen more than industry revenues. This suggests a significant strain on bar profit margins when we look at Read More →
11 Ways To Increase Your Bar Sales and Profit Margins
Bar Management
Competition in the hospitality industry is fierce. To be successful, you need to differentiate while implementing standard best practices. That’s right, you need to provide a unique experience to your customers and at the same time learn from other people’s mistakes and accomplishments. In this article, we’re going to look at industry best practices for Read More →
The Top 9 Bar and Nightclub Industry Trends in 2020
Hospitality Industry
Do you want to take your bar to the next level? Staying on top of industry trends is one of the best ways to adapt to market changes and get ahead of your competition. As the dynamics in hospitality shift, acquiring that extra knowledge is key if you want to move quickly and always stay Read More →
13 Bar Menu Ideas to Maximize Your Revenue
Bar Management
Whether your establishment is a casual neighborhood pub or a trendy and upscale bar, having a standout drink and food menu is essential to your success. A great bar menu can improve your sales and increase your profits while providing your customers with a positive and unique experience. How can you create that great bar Read More →