The hospitality industry has always been a lucrative one. Let’s face it, people are always willing to spend their money so long as they are having fun. On that note, it is worth considering starting a nightclub. If you want to start an urban business, and have the funds to do so, you could make a load of cash this way. Here is a simple guide to help you get started in the nightlife industry.
Step 1 – Decide on a Concept
What do all popular clubs have in common? They all have a killer idea. When you are thinking about your new business, you need to figure out what your theme is. You don’t have to opt for a cheesy theme, such as the 1980’s, but you should have a core concept for your club. Try to think outside of the box. What style of club haven’t you seen yet?
Step 2 – Create a Budget
It is crucial that you understand finances if you want to start any business. If you have trouble getting your money in order, you need to enlist the help of an accountant. You can find an expert online who will charge you an hourly rate.
Step 3 – Make a Marketing and Business Plan
Now, it is time to get serious. You need to look at all your finances and decide whether your nightclub is a viable business venture. You should spend time writing and revising a business plan. If you are hoping to get a loan, you will need to show this plan to your bank manager. You should also consider ways in which you will market your club. And finally, you need to deal with legal issues, such as alcohol licensing and management fees.
Step 4 – Find a Location and a Lease
Finding the right place for your club is essential if you want your business to be a success. You need to ensure that you get a lot of people visiting your nightclub. That way, you will make a lot of money each night. People don’t like to travel too far when they go to a club. If you open a place in a remote location, your business will fail.
Step 5 – Design and Decorate
When you are designing the interior of your club, you need to keep things simple. Trying to over-decorate a club is never a great idea. Remember, your taste might not be the same as that of your clients. Understated style is always going to look better than tacky designs. You don’t have to spend a load on decor, just make sure that it is classy.
Step 6 – Hire Some Legitimate Staff
When you are hiring your staff, you need to consider what they mean to your club. You need to hire quality bar staff, but you might need to enlist the help of an agency to find them. You will also need security personnel. You can hire people on a rolling contract. For example, you could hire staff from the Anderson Security Agency in Phoenix on a night by night basis. Remember, you are liable for what happens in your club. If someone hurts themselves, they could sue you. That means that you will have to pay loads of legal costs.
Step 7 – Commission Entertainers
The final thing, which you will need to arrange, is your entertainment. You need to ensure that you have some excellent artists to wow your customers every single night. You can hold auditions for entertainers in your club. Remember, most people work on a freelance basis. That means that you can hire them for just one night at a flat rate.