5 Tips to Finding Better Talent for Your Bar Business

Published on: 25 May 2019 Last Updated on: 06 December 2021

Bar business owners or managers face an almost universal challenge: hiring the best staff. It’s not about filling shifts nowadays. Your cooks and servers all play a part in the customer’s experience. Choosing the best talent for those roles and your cocktails are equally important to your business’s success. Even a novice bar manager will tell you how crucial staff can be. Here are 5 useful tips to get the best employees.

5 Tips to Finding Better Talent for Your Bar Business:

Bar business owners must follow the below mentioned points to select the best talent for their organization.

1. Attitude is Important:

Your staff is your bar’s face. If a server or bartender approaches a customer with a negative attitude, the customer will leave, never to return. If you feel your staff is not performing well, ask yourself if you can trust them to run the bar for you. Staff is bound to mess up, but it’s their recovery that matters. If their attitude is affecting other employees, do something about it before they bring the whole bar business down.

If you hire a great pro with a bad attitude, your cocktails will look nice, but your clientele will flee. Work ethic, team dynamic, and personality are much harder to teach than how to pour a drink right. Part of the process is finding job candidates. The other part is training them. As competition for great employees increases, bars now need to make more effort and tell a better story about the value of working in a team.

There’s an imbalance between demand from bars and supply of quality staff. The people you hire have the greatest effect on the bar’s overall culture.

2. Know Your Market:

Knowledge of the bar industry is important, but it’s not the only factor. Comprehension of best practices, industry standards, and good suppliers should be second nature to a decent bar manager. Do you know what the market in your area is like? Who are your main competitors? Is the bar you manage just another place to go, or is there a gap you can fill? Why might someone go to your bar business instead of the one down the street? Bar managers need to understand the competitive landscape they inhabit.

3. Hire the Right Bartenders:

You cannot afford to hire fresher as bartenders and then train them to deliver. This will eat into your revenue and you will never get the desired results. The bar industry is a vibrant industry that faces a lot of attrition. If you are strategic in terms of looking for the right people, you will be successful. It is always a good idea to have at least 2 experienced bartenders and 4 fresher.

This helps maintain the standard and helps you prepare the next rung of the leadership. A good bartender for your bar business is a big reason why some bars are successful, while others shut shop within a few months. Investing in the right bartender is probably going to be one of your toughest decisions.

Train Employees to Upsell:

Upselling customers is a great way to boost profits in your bar. This is where profits are made and success stories crafted. Upselling involves influencing customer preferences so that they end up making a choice that is beneficial for your establishment. It is also about the staff reading the body language of consumers.

For example, if someone is celebrating a promotion, a staff can garner the public opinion of the group and suggest a far more expensive bottle than the one the customer had originally intended to purchase. Peer pressure, wanting to show off and winning over loved ones are reasons people fall easy victims to upselling.

A bigger bill means better tips. People usually fix their tips at roughly around 10 to 15 percent of the total bill. Upselling helps boost employee morale as they get more tips and earnings from the same. By training your staff to upsell, you will be contributing to a better working environment.

4. Build Positive Relationships with Staff:

Experienced bar managers know that success isn’t possible if you don’t manage your staff wisely. To establish an open and positive rapport, try to build positive relationships with them. A frustrated staff member affects performance, morale, and customer experience. While it’s often claimed business shouldn’t be personal, this is changing in many industries. When bar managers form relationships with their staff, they establish a personalized connection with someone who will become a reliable, long-term employee and attract people to your bar as well as keep loyal patrons coming back. Take the time to interact with your staff.

5. Believe in your Staff:

It may seem easy to be a bar manager, but it’s definitely not. If you decided on this job because you thought it was glamorous, you might want to reconsider your decision. However, if you are running a bar because you want to, stay confident and passionate and project this mentality onto your staff. Encourage them and believe in them. They will reciprocate and this will reflect on the customer experience in turn. Your clients will keep coming back. They will visit you whenever they’re thinking of a place to go out because of the positive, laid-back atmosphere you’ve managed to create.

Final Thoughts:

The right employees and attitude are very important for smooth operation, but getting a reliable bar POS system is just as essential. Your bar needs a firm grasp of cash flow, inventory management, and data. Moreover, an outstanding POS system will expedite and ease the bar management process. You can’t afford to dispense with a solid POS system.

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Empowering Employees: How to Build a Collaborative Virtual Office Culture

In today's business landscape, many companies have embraced the concept of remote work, creating a virtual office culture. Remote employees, often called remote workers or telecommuters, are integral to modern organizations. However, building and nurturing a strong work culture in remote companies is no easy feat. Explore the various aspects of empowering employees and creating a collaborative virtual office culture that fosters engagement, productivity, and a sense of belonging. Understanding the importance of company culture A great company culture is the bedrock upon which successful organizations are built. It defines employees' values, beliefs, and behaviors as they work together toward a common goal. A strong company culture creates a shared sense of purpose and identity among remote team members and the organization, attracting talented new employees. The rise of remote work The advent of technology and the changing dynamics of the modern workplace have led to the rise of remote work. A traditional office space is no longer the sole option for company leaders. Remote employees can contribute effectively from anywhere, provided they have the necessary tools and a conducive work environment. In addition to providing flexibility, remote work often results in cost savings for both employers and employees. Employers can reduce overhead costs associated with maintaining physical office spaces, while employees can save on commuting expenses and enjoy a better work-life balance. Remote work culture vs. traditional office culture While working remotely offers flexibility and freedom, it also poses challenges to maintaining a cohesive company culture. Unlike in a physical office, remote teams are geographically dispersed, and face-to-face interactions are limited, necessitating a different approach to building and maintaining culture in virtual offices. In contrast, traditional office cultures rely on physical proximity, spontaneous interactions, and a well-defined office environment to foster collaboration. On the other hand, to maintain a remote work culture, you must consciously try to replicate these elements virtually. Building a Collaborative Remote Work Culture Emphasizing communication tools In a virtual office, effective communication tools become the organization's lifeline. Companies must invest in reliable video calls, instant messaging platforms, and collaborative software to ensure seamless interaction among virtual teams. Furthermore, augmented reality (AR) and virtual reality (VR) technologies are rising to create immersive virtual meetings and team-building experiences. These innovations allow remote employees to feel more connected despite the physical distance. Setting clear expectations Clear expectations are essential for a remote team to perform their tasks effectively. Leaders should communicate objectives, deadlines, and performance metrics transparently. Moreover, AI-powered project management tools can assist in setting and tracking these expectations. These tools provide real-time insights into project progress and individual contributions, enhancing accountability among remote team members. Virtual team-building events Team-building events foster camaraderie and an ideal virtual environment among remote workers. These events can range from an online game to a virtual happy hour, providing opportunities for team bonding. To take virtual team-building to the next level, organizations are exploring virtual reality team-building experiences. These experiences allow dispersed workers to participate in group activities within a simulated setting, fostering teamwork and individual creativity. Employee experience and morale Organizations must prioritize the employee experience to maintain high levels of virtual team engagement, which includes addressing their needs, concerns, and overall job satisfaction. Employees who indicate that they experience a high level of happiness while at work are more likely to be engaged. Personalized employee well-being programs incorporating fitness challenges, mental health resources, and virtual coaching are becoming popular. These programs boost morale and improve employees' overall health and productivity. Incorporating company values Company values should not be mere words on a website. They should be integrated into daily operations and decision-making processes. When virtual employees see these values in action, it reinforces the collaborative company culture. Company swag, including branded merchandise and gifts, can help employees feel connected to the organization. It creates a sense of pride and belonging. Measuring employee engagement Measuring employee engagement in a remote work environment requires different tools and strategies. Regular surveys, feedback mechanisms, and tracking key performance indicators are essential. Regular all-hands meetings bring the entire organization together, ensuring everyone is on the same page regarding company goals, progress, and challenges. To enhance engagement measurement, organizations are adopting sentiment analysis tools that use natural language processing (NLP) to analyze employee communications. This provides real-time insights into employee sentiment and allows for proactive responses to potential issues. Encouraging creativity Creativity and innovation are crucial for the long-term success of any organization. In a remote work culture, leaders must actively encourage team creativity. This can involve brainstorming sessions through video calls or collaborative platforms, where team members can freely share ideas and innovative solutions. Embracing diversity Remote work naturally brings together individuals from various backgrounds and cultures. Embracing this diversity can lead to innovative problem-solving. Companies can establish cross-functional teams with members from different locations, promoting the exchange of diverse perspectives and ideas. The future of remote work culture As we look ahead, it's evident that the remote work culture will continue to evolve. Companies are exploring innovative ways to foster collaboration among remote teams. One emerging trend is the use of virtual reality (VR) not only for team-building but also for creating immersive onboarding experiences. Furthermore, "unlimited" paid time off is gaining traction in remote work cultures. This approach allows employees to take time off when needed without worrying about accruing limited vacation days. It acknowledges the significance of mental health while also encouraging a healthy balance between work and personal life. Final thoughts Building a strong remote work culture is challenging, but the rewards are worthwhile. A collaborative virtual office culture empowers employees, promotes engagement, and contributes to the organization's success. Businesses can thrive in the virtual space by embracing technology, fostering personal connections, and aligning with company values. Read Also: Can an Employee Claim for a Personal Injury When Working From Home? 5 ways employee perks can dramatically enhance your personal life What Is Employee Leasing? Overview And Explained In 2021

Why Correctly Valuing Your Business Is Essential

Knowing your business's accurate value can be helpful if you plan on selling your brand someday. However, the fear sellers have in getting the best possible price is understandable. Selling your business is one of the most significant events in your professional life. While this brings some caution, it should also be exciting as you move on to your next adventure. Before you start the process, it's a good idea to use a valuation calculator to get an idea of how much your business is worth. Gathering as much information as possible about your business is essential. Preparation is key. With that in mind, here are 6 key tips to help you value your business correctly. Tips To Help You Value Your Business Here are some ideas that can help you understand the valuation of your company: 1. Understand Price-To-Earning Ratio (P/E) It is typical for businesses to use the price-to-earnings ratio to understand their value. This tip works best for companies that have an established profit track. The P/E will be higher if the business has high-profit growth. Let us take an example — if your company makes $500,000 profit after taxes and you utilize the P/E ratio of 4, it means your business will be valued at $2,000,000. The P/E ratio will depend on the growth ratio of your company. For instance, start-ups will have a higher ratio because they are high-growth businesses. On the other hand, high-street companies, like real-estate companies, will have a lower P/E ratio. Since P/E ratios can differ extensively, no standard ratio can be used to value all types of businesses. In most cases, the valuation between 4 and 10 is used as the standard. 2. Cost Of Entry This tip is quite simple — this is the total cost of setting up a business similar to the one being valued. In this case, you will have to consider every factor that helped the business get to where it is today. This involves all the costs, tangible assets, building a customer base, recruitment, etc. Next, you need to think about all the money you can save while setting up the business. For instance, the costs you save by using cheaper material alternatives or setting up the business elsewhere. To get the entry cost, you need to subtract the latter (saved money) from the former (the cost of setting up the business). This is your valuation. 3. Valuing The Business Assets In the case of established and stable businesses, these companies often have a lot of tangible assets that can be valued. Some great examples, in this case, include those in the manufacturing and property businesses. You will have to start working out the company's NBV (Net Book Value) to start its asset valuation. In most cases, these assets will be recorded in the accounts of the business. Next, you simply need to make a few other adjustments like depreciation, etc., to determine the assets' actual value. 4. Discounted Cash Flow This is a complex way of determining the value of a company – it is all about making reliable assumptions about the future of a business. In most cases, this particular method is used by companies with more predictable and stable cash flows. For example, utility companies. As you can guess, this tip will help you understand the value of the business by estimating the worth of the future cash flow today. Adding the dividends forecast will help you figure out a valuation for the next decade or so. 5. The Rule Of The Thumb There are a handful of companies that deal with the buying and selling of businesses. Therefore, it only makes sense that these businesses utilize certain standard methods to determine the value of their companies. They are based on other things, apart from profit. When selling a business, it's important to identify the target market and understand their needs, such as business owners who will buy a business, in order to position the sale effectively and maximize the value for both the buyer and seller Let us take the example of retail companies. The value for these businesses is derived from other factors like the number of outlets, total number of customers, business turnovers, etc. 6. Non-Measurable Valuation As we have said in the beginning, the worth of a business is exactly what the other person is willing to pay. In this part, even intangible assets can be considered. If your company has a better relationship with your suppliers and/or customers, it will be more valuable. If the buyer does not have a stable team to grow your company, you can also add a strong management team for additional value. Conclusion With the help of these tips mentioned in this article, you should be able to approximately evaluate your company. To further help with your valuations, there are useful business valuation tools online. For an online business valuation tool, you will usually need to provide some basic data about your company, which will then be measured against the standardized benchmark to provide you with an accurate company valuation. Additionals: Master’s In Business Analytics: Is It Worth The Effort? Your Business Needs Marketing To Survive – Here’s Why Content Marketing Campaign Strategy For Small Business How Business Owners Can Protect Themselves if Their Business Fails

How Many Types Of Entrepreneurs Are There In 2022?

Simply owning a business will not make you an entrepreneur. Anyone can start their own business, but not everyone can become an entrepreneur. Starting is tough but executing the task in a better way is much more challenging. Therefore everyone acknowledges it takes a lot more than having lots of money and owning a business to become an entrepreneur. It takes a lot of skill and effort, along with time invested, to build a successful business. Therefore, reading about types of entrepreneurs might give you a good insight into this topic. Who Is An Entrepreneur? An Entrepreneur is a person who is taking lots of risks and starting their business with their own money. Does this sound a little metaphoric? Yes, this is the real meaning of entrepreneur ships. But actually, the entrepreneurs are not just business start-ups. They are more like pathfinders and leaders. They are taking lots of risks and then showing a different way to the new generations of people. What Are The Personality Traits Of A Successful Entrepreneur? Even though every entrepreneur has different goals, the success formula is always the same for everyone. Here are some of the personality traits of a successful entrepreneur. Robust promising work ethics.Deep passion for the business and goal.Self-starter.Motivational.Good learning potential.Easy-going attitude. If you want to become an entrepreneur, then you have clicked on the right link. Here, you will find an explanation of various kinds of entrepreneurs. In addition, you will also find an explanation of some of the skills required to become one. What Does It Take To Become An Entrepreneur? Becoming an entrepreneur is no easy task. It takes a lot of skill and effort to be an entrepreneur and build a franchise business. Therefore, some of the essential characteristics of entrepreneurs that more than 3 types of entrepreneurs should know about are: 1. A Penchant For Innovation And Money As an entrepreneur, you must be willing to be creative and innovative in your actions constantly. You will not find profit-making and business opportunities to bank on unless you do your research and get creative. Innovation is required in entrepreneurship because doing so will allow you to be different from the competition. Famous business leaders like Jeff Bezos and Mark Zuckerberg have made billions of profits because they did not stick to tried and tested methods. Instead, they applied their creative juices to reach the top. 2. Ability To Risk It All Everyone knows that you need to risk your money to find the best low cost franchise opportunities. Because when you start a new business, you should not expect high revenues and profits from starting. You must slowly build your business to increase your sales generated and revenue earned. The chances of your business plan going to be wrong. And as a result, you will end up being a failure. Therefore, make the best decisions possible and innovate to turn it into a success. 3. Be An Excellent Communicator Ask yourself this - why do people become entrepreneurs and start a new business? As an entrepreneur, you must be money-minded at all times. Use words like profits, sales, revenues, turnovers, marketing, and more to motivate employees and help them understand what's needed to run the business. 4. Good Research Makes Good Decisions Becoming one of the types of entrepreneurs and starting a new company requires good decision-making skills. Therefore, you must conduct high-quality research to ensure that you make the best decisions available and make lots of profits. You should always start small but think big. What Are The Different Types Of Entrepreneurs You Should Know? In the business world, there are 8 types of entrepreneurs. You should know before starting a business in 2022 are: 1. Trading Entrepreneur This type of entrepreneur deals with trading goods from one place to another. You do not create goods. You simply buy them and sell them to others. Most entrepreneurs consider wholesalers and retailers to be trading entrepreneurs. For example, if you attain rights to Amazon distributorship, you can call yourself a trading entrepreneur. 2. Production Entrepreneur These types of entrepreneurs are responsible for manufacturing the goods and products that you see on the market. When you think of such entrepreneurs, Bill Gates and Steve Jobs should come to your mind. Therefore Microsoft and Apple manufacture the best computers globally, and they also excel as entrepreneurs because of their decisions. 3. Agropreneur As you might have guessed, an Agropreneur is someone who owns an agriculture-based business. Most business people consider farmers who have their own farms to be Agropreneurs. Being an Agropreneur means that you sell food products grown on your farms. In addition, producing goods like manure to supplement agricultural production also counts. 4. Private Entrepreneur In terms of ownership, private entrepreneurs get counted as one of the several types of entrepreneurs. These entrepreneurs typically start by investing in small business opportunities and slowly expand them to new heights. Their businesses are fully owned and funded by themselves. Being one of the most common types of entrepreneurship, hence you will probably start as an entrepreneur with a private firm. 5. Public Entrepreneur The exact opposite of these types of entrepreneurs is the head of state-owned firms. Most firms related to transportation, security, NGOs, and lots more can only be owned by the government. Therefore, they only hire the best entrepreneurs for this job. 6. Sole Entrepreneur A sole entrepreneur is a businessman who has complete ownership of their business. Hence you can look for the best home business opportunities to become a solo entrepreneur. One of the best franchises to own, they have no joint partners sharing the responsibilities of running the business. Therefore, they are responsible for all the profits and even bear all the losses of the business. 7. Creative Entrepreneur When it comes to small scale businesses, creative entrepreneurs typically get counted in it. However, these business persons are primarily artisans like musicians and movie producers. You can say that their business is creative because it delves deep into the world of arts and crafts. Therefore, artistic innovation and freedom are essential in all aspects of the company. 8. Technopreneur If you own a technology-based business, congratulations - you can now call yourself a technopreneur. Technopreneurs like Bill Gates and Steve jobs delve into creating various devices and machines that enhance human lives. Most IT businesses and automobile businesspersons fall under these types of entrepreneurs. 9. Lifestyle Entrepreneur A lifestyle entrepreneur is a type of entrepreneur who is selecting entrepreneurship for their attractive lifestyle. Yes. They do not have a very fixed goal or a business target. They are selecting the entrepreneur ships because this is working as a fun factor for them. These types of entrepreneurs like to do experiments. Maybe the fun factors are more associated with the lifestyle of an entrepreneur. But the thing is, lifestyle entrepreneurs like to enjoy their online life. 10. Social Entrepreneur Social entrepreneurs are specific types of entrepreneurs who are pretty passionate about solving social problems. These social entrepreneurs like to experiment and want to deliver a good impression over the internet. To become a social entrepreneur, you will require some additional skill sets. For example, understanding social problems along with good communication and social skills. Frequently Asked Questions (FAQs): Q1. What Are The 4 Types Of Entrepreneur? The 4 types of entrepreneurs are:1. Small business2. Scalable Startup3. Large business4. Social Q2. What Are The Nine Personality Types Of Entrepreneur? The nine entrepreneurial personality types are:1. Improver2. Advisor3. Superstar4. Artistic5. Visionary6. Analyst7. Fireball8. Hero9. Healer Q3. What Makes A Successful Entrepreneur? These skills of an entrepreneur make them successful:1. Time management.2. Innovation.3. Decision making.4. Resource management.5. Good communication. Q4. How Can I Become A Entrepreneur? You can become an entrepreneur by:1. Gathering capital.2. Thinking about the best startup ideas.3. Do your research.4. Start with a single product or service. Are You Ready To Become An Entrepreneur? There are various types of entrepreneurs depending on the kind of company and the products they sell. It is also dependent on the ownership of the firms and how much creativity goes into it. While more types have many distinctions, these are the most commonly accepted types. So just select the one you want to become and make goals and strategies to supplement it and turn your dream into a success. I guess now you already know how many types of entrepreneurs are there and what are their qualities.If you want to become an entrepreneur, but do not know where to start, read more at Content Rally! Business and entrepreneur pages and the journeys. Read Also: Why A Business Should Use Facebook RemarketingWhat Is a Business Broker, And How Can He Help You?How To Choose The Best Legal Structure For Your Business

5 Tips to Finding Better Talent for Your Bar Business

5 Tips to Finding Better Talent for Your Bar Business:

1. Attitude is Important:

2. Know Your Market:

3. Hire the Right Bartenders:

Train Employees to Upsell:

4. Build Positive Relationships with Staff:

5. Believe in your Staff:

Final Thoughts:

The Dallas Texas Resource for Metal Conex Boxes

Why Gift Your Customers Plastic Business Cards?

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Empowering Employees: How to Build a Collaborative Virtual Office Culture

Why Correctly Valuing Your Business Is Essential

How Many Types Of Entrepreneurs Are There In 2022?

5 Tips to Finding Better Talent for Your Bar Business

5 Tips to Finding Better Talent for Your Bar Business:

1. Attitude is Important:

2. Know Your Market:

3. Hire the Right Bartenders:

Train Employees to Upsell:

4. Build Positive Relationships with Staff:

5. Believe in your Staff:

Final Thoughts:

Share this Article

The Dallas Texas Resource for Metal Conex Boxes

Why Gift Your Customers Plastic Business Cards?

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related