Know-How for Opening a Nightclub

March 30, 2011  |  

(Black Enterprise) — Many aspiring entrepreneurs dream of opening a hot nightspot that attracts A-list celebrities and a crowd eager to spend their money to take in the ambiance while sipping pricey wines and spirits. But this type of business is tricky. It requires the right décor, location, marketing, food and drink and sometimes a bit of luck to avoid the astronomical failure rate these ventures have to contend with. But don’t close the doors just yet. Industry experts and successful entrepreneurs recommend the following steps to ensure you’ve got the best chance at winning in this highly competitive field.

Learn the ropes. There’s no substitute for hands on experience, behind the bar, at the door, or in a management position. A good resource for more information on the industry is the Nightclub & Bar/Beverage Retailer/Food & Beverage Convention & Trade Show. This national event attracts thousands of people working in the hospitality industry.

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