Bar Labor Management: The Critical Metrics That Save $500+ Weekly
Most bar owners struggle with labor costs, but this week’s episodes of The Bar Business Podcast revealed two game-changing strategies…
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Bar Automation Software and Gen Z Marketing: Essential Strategies for Modern Bar Success
The bar industry is experiencing unprecedented change, with technology revolutionizing operations while generational shifts reshape customer expectations. This week’s Bar…
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Choosing the Right POS System for Bar Operations: Why SpotOn Is a Strong Contender
Introduction: The Critical Role of POS Systems in Modern Bar Operations In today’s competitive bar industry, selecting the right Point…
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Building an Amazing Cocktail List
Cocktail menus came into their own in the last few decades with the boom in interest in craft cocktails. Where cocktail lists were once the domain of high-end bars, now guests at even the smallest rural dive bars are looking for a cocktail list. That means every bar needs a cocktail menu, and it needs to be designed to drive profits.
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The Value of Food-Based Happy Hours
Food-based happy hours are a way to drive guests to your bar without cutting into your bar sales. For many bars, food is used as a way to sell drinks. Statistically, guests who eat food while at a bar stay about an hour longer. That means that food is a great way to increase your beverage sales. By using time-specific food promotions you can keep the higher margins on your drinks while increasing guest satisfaction and length of stay without decreasing your cocktail margins.
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7 Things to Consider When Purchasing a bar
For most aspiring bar owners looking to get into the bar business, whether they are looking to purchase a neighborhood bar, sports bar, wine bar, or gastropub, purchasing an established bar is the easiest, cheapest, and often smartest way to become a bar owner. Not only are you buying all of the used equipment you need at once, but you are also purchasing what is hopefully a successful bar concept in a great location and with a solid customer base.
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5 Steps to Cocktail Pricing for Bar Profits
For many bar owners, one of the most difficult tasks is determining what price to charge for cocktails. This guide will walk you through a methodology that you can use to maximize your bar profits through your pricing, ensuring that you can hit the margins you need. Without a repeatable, standardized approach to pricing, you are only guessing, which means leaving money on the table.
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