Four Things to Consider if you Want to Run your Own Pub
If you are a sociable person and want to run your own business, then running a pub is something that can be very appealing. However, before you just go ahead and find a pub to run, there are lots of things to consider as it is one of those businesses that is a big part of your life…
Holidays – Something that you need to think about when you are taking on a pub is how you will take holidays. If you are someone who likes to spend a lot of time travelling, or head off at the drop of a hat, then a pub is unlikely to be a suitable business for you, as you either have to close the pub and lose money, or you need to pay someone to run it in your absence.
Training – You will need to make sure that you have the right skills to run a pub – from business skills such as managing staff to skills that are specific to working in a pub. There are lots of training courses that you can go on to learn all the skills that you need.
Finances – Managing your finances is a big part of running a successful business. Work out what you need to live on and how you will manage. If you need to do any major work to the pub, there are companies like this https://www.specialistbusinessfinance.co.uk/hospitality-finance/finance-for-pubs/ that offer finance for pubs that could be worth looking into.
Staff – You will need staff to help you run the pub, and work behind the bar, work in the kitchen and clean. As well as managing staff you should consider how you will go about recruiting the right people for the job.