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Expert Answers to Biz Questions
Listen in! Pick up some expert advice to a reader's question that we selected from CyberSchmooz.
Start Your Own Bar In Texas
Putting up your own business in Texas is not as difficult as that in other states. Texas has a very friendly environment as the atmosphere is fun, and the people are nice. During daytime, people are busy working; however, at night you can see them going to bars to unwind.
If you are an entrepreneur looking for business opportunities in Texas, you can take advantage of the popularity of bars. Starting your own bar in Texas entails knowledge and information about the local regulations. Nevertheless, you don't need an in-depth study in the area. It's enough you know the important regulations on bar operations in Texas.
Today, will go through some tips on starting your own bar in Texas.
1. Design a Business Plan
In planning for your business, you should always consider the location and the potential of the market. You may have a good business concept, but not all concepts can fit a particular situation.
Once you have the financial backing you need, perhaps through crowdfunding, designing a business plan based on geographical and demographic factors can give you more advantage.
In Texas, bars are allowed to be open from 7:00 am to 1:00 am. If you want to place your bar closer to some establishments with heavy consumer traffic, make sure they are open within the above operation hours.
2. Choose the Right Location
When you choose the right location for your bar, there are many factors you should consider. First, Texas requires all bars to be at least 300 to 1,000 feet away from hospitals, churches, and schools.
Second, you want to try to target the right crowd. Younger drinkers typically go out on the weekends and can typically make it till the close of the bar. Older patrons might like to have a few drinks once and awhile and stop in after work or even to watch a few sports games with their friends.
3. Conduct a Survey
It is easy to socialize and meet other people by simply visiting a bar in Texas. Most people are friendly and accommodating. Because of this, you can easily get their opinion when it comes to bar preferences.
You don't need to hire a PR company to do the survey. You can do it yourself, and it doesn't take long for you to get a straightforward answer to your questions.
You can ask questions like:
- How do you like this bar?
- What's popular here?
- If you could change anything at this bar, what would it be?
4. Secure All Important Permits
When you put up a store, a shop, a restaurant, or a bar, there are corresponding permits for every type of establishment you would like to start.
If you are starting a bar, you have to get a mixed-beverage permit from the Texas Alcoholic Beverage Commission.
Sometimes it's best to have legal counsel on your side when it comes to these permits, and you always have that option to where you can consult a Texas alcoholic beverage commission lawyer for assistance.
5. Register Your Business with the Texas Comptroller's Office
Every business must pay the local taxes. In Texas, all businesses must be registered with the Texas comptroller's office for tax purposes. In Texas, the tax for mixed-beverage is 14 percent of the gross receipts.
Conclusion
There are many business ideas you can choose to start your own business, but putting up your own bar can be a great choice. Not only is it fun, it's also lucrative, and you can make a great name for yourself as an entrepreneur. What's stopping you for making this dream a reality?
Author Bio:
Wendy Dessler
Title: Super-Connector
Wendy is a super-connector with Towering SEO and Youth Noise NJ who helps businesses find their audience online through outreach, partnerships, and networking. She frequently writes about the latest advancements in digital marketing and focuses her efforts on developing customized blogger outreach plans depending on the industry and competition.
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