Financial Strategies for Bar Owners Amid Rising Costs and Historical Tavern Tales

The Bar Business Podcast: Smart Hospitality & Marketing Secrets For Bar & Pub Owners

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Discover the financial pulse of the bar and restaurant industry in our latest episode of the Bar Business Podcast with me, Chris Schneider. Learn how top-performing establishments are navigating increased labor, food, and occupancy costs while still maintaining profits. We'll examine the latest Starfish benchmarking data, revealing why non-major city bars and restaurants are seeing significant drops in net profits. Plus, get insider tips on effective financial controls and forecasting that can help your business thrive, even in challenging times.
As we gear up for the 4th of July, we'll take you back in time to uncover the boozy tales that shaped America. From John Hancock's rum smuggling escapades to Benjamin Franklin's "Drinker's Dictionary," discover how alcohol and taverns played a pivotal role in the founding of the United States. Hear stories of the Founding Fathers' drinking habits and how their favorite beverages influenced key moments in American history. Celebrate American independence with us as we explore these historical connections and their lasting impact on today's bar industry.

Learn More:
The Bar Business Podcast Website
Schedule a Strategy Session
Chris' Book 'How to Make Top-Shelf Profits in the Bar Business'
Bar Business Nation Facebook Group
Thank you to our show sponsors, SpotOn and Starfish. SpotOn's modern, cloud-based POS system allows bars to increase team productivity and provides the reporting you need to make smart financial decisions. Starfish works with your bookkeeping software using AI to help you make data-driven decisions and maximize your profits while giving you benchmarking data to understand how you compare to the industry at large.
**We are a SpotOn affiliate and earn commissions from the link above.
A podcast for bar, pub, tavern, nightclub, and restaurant owners, managers, and hospitality professionals, covering essential topics like bar inventory, marketing strategies, restaurant financials, and hospitality profits to help increase bar profits and overall success in the hospitality industry.

Kapitel

1. Bar Industry Trends and Insights (00:00:00)

2. American Independence and Alcohol Consumption (00:15:18)

3. Founding Fathers and Alcohol Culture (00:19:21)