1467, RE: new business venture Posted by earningcents, Wed Feb-09-11 07:28 AM
Don't forget about the liability issues. If you serve alcohol and a person does something after they leave, drive drunk, get in an accident and kill someone, you could be liable.
It is a huge risk and the insurance is extremely expensive. That is just one risk. Consider anyone at the bar being hurt, getting sick or just falling off a stool.
Before you count the cash from such a lucritive business, consider why the owner is selling it.
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