How To Start Open Bar | SkillsAndTech
The idea of an open bar can seem intimidating at first. There are a lot of rules and regulations involved in setting up an open bar and the process can be overwhelming.
But don’t worry—we’re here to help. In this blog post, we will cover everything you need to know about how to start your own open bar, from understanding the legal requirements to stocking your bar with the proper supplies. With this information, you will be well on your way to creating a successful and lucrative business!
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Table of Contents
What is Open Bar?
An open bar is a bar from which drinks are served without charge to the guests. The host or hosts of the event usually pay for the open bar, although sometimes guests will be asked to contribute to the cost. Open bars can be found at weddings, parties, and other special events.
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The Different Types of Open Bars
There are a few different types of open bars that you can choose from when planning your wedding. Here is a breakdown of the most popular options:
All-Inclusive Open Bar
This type of open bar includes all alcoholic beverages for your guests, including top-shelf liquor, beer, and wine. Guests will not be charged for any drinks they consume during the reception.See Also: How To Start Iodized Salt Manufacturing Business
Limited Open Bar
A limited open bar typically includes beer, wine, and non-alcoholic beverages. Liquor is usually not included in this type of open bar package. Guests may be charged for certain premium liquors if they order them.
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Cash Bar
A cash bar means that guests will need to pay for all of their own drinks at the reception. This is not a very popular option, as most people expect to have at least some type of free drink options available at weddings.
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BYOB (Bring Your Own Bottle)
Guests are welcome to bring their own alcoholic beverages to consume during the reception. This can be a good option if you are on a tight budget or do not want to deal with the hassle of having an open bar. Just make sure that you have enough cups, ice, and mixers available for everyone!
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Pros and Cons of Open Bar
There are many pros and cons of open bar to consider when starting your own. The biggest pro is that it can save you a lot of money on your overall bar tab.
If you are hosting a party or event where alcohol will be served, an open bar can be a great way to keep costs down. This is because guests will typically drink less when they are not paying for each individual drink.
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Another pro of open bar is that it can help to create a more festive and enjoyable atmosphere. When guests are not worried about how much they are spending on drinks, they are more likely to let loose and have a good time. This can make your event more memorable and enjoyable for everyone involved.
However, there are also some potential downsides to open bar that you should be aware of. One is that it can sometimes lead to excessive drinking. If guests know that they will not have to pay for their drinks, they may be more likely to overindulge.
This can result in problems such as drunkenness, fights, or property damage. Additionally, open bar can also be logistically challenging to manage, as you will need to have enough staff on hand to handle the increased demand for drinks.
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How to Start Your Own Open Bar
Assuming you have a location and the necessary permits, there are six main elements to starting your own open bar:
1. Stock Your Bar
2. Train Your Staff
3. Promote Your Business
4. Set Prices
5. Manage Expectations
6. Keep It Safe
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Stock Your Bar
You’ll need a variety of liquor, beer, and wine to satisfy your customers. Work with a distributor to get the best prices on alcohol and take inventory regularly to ensure you’re not running low on any particular drink. If you plan on serving food, be sure to stock non-alcoholic beverages as well.
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Train Your Staff
Hire bartenders who are passionate about mixing drinks and providing excellent customer service. Teach them everything they need to know about your menu items and how to properly handle money and alcohol.
It’s also important to establish ground rules for dealing with difficult customers so that your staff knows how to handle situations that may arise
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Promote Your Business
Make sure people know where you are and what you offer by promoting your business through marketing and advertising campaigns. Use social media, local publications, and word-of-mouth to get the word out about your open bar.4.
Set Prices: Pricing is one of the most important aspects of running a successful open bar business.
Recipes for Open Bar
There are a few things to consider when planning an open bar for your event. Here are a few recipes to help make your open bar a success:
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Mojitos
This refreshing cocktail is perfect for summer events. Combine rum, mint, lime juice, and sugar in a pitcher and stir. Add sparkling water or club soda just before serving.
Margaritas
A classic tequila-based cocktail, margaritas are always a hit at parties. Combine tequila, triple sec, and lime juice in a pitcher and stir. Rim glasses with salt and serve over ice.
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Cosmopolitans
A delicious vodka-based cocktail, cosmopolitans are perfect for any occasion. Combine vodka, Cranberry juice, and triple sec in a pitcher and stir. Garnish with a lime wedge and serve over ice.
How Much Does It Cost To Open A Open Bar
The cost of opening an open bar can vary greatly depending on the size and location of the bar, as well as the type of liquor you plan to serve.
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For a small bar in a rural area, you could expect to spend around $3,000 on your liquor license and initial stock. For a larger bar in a more populated area, the costs could be closer to $10,000. Of course, these are just estimates – the actual cost of opening an open bar will depend on many factors.
Alternatives to Open Bar
The average cost of an open bar can be quite expensive, especially if you are hosting a large event. There are a few alternatives to having an open bar that can help save you money.
One option is to have a limited open bar. This means that you would only offer a certain number of drinks per person or for a certain amount of time. This can help to cut down on the overall cost of the bar.
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Another option is to create a signature drink for your event. This way, you can still offer guests a special drink without having to worry about the cost of an open bar.
You could also consider having a cash bar at your event. This means that guests would need to pay for their own drinks. While this may not be ideal for everyone, it can help to save you money on the overall cost of the event.
Conclusion
Starting an open bar can be a great way to make some extra money. There are a few important things to keep in mind, such as getting the necessary permit, stocking the right drinks and snacks, and providing excellent customer service.
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By following these tips, you’ll be well on your way towards running a successful open bar. With some hard work and dedication, you could soon be earning more than just pocket change!
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