Video Game Business Plan

Video Game Business Plan-70
Pro tip: Do not — whatever you do — sign a lease for the first place you see. You’ll need to work with your local city officials — including health inspectors, plumbing, electrical and construction inspectors — and dozens of other individuals to get to the point where you can open your bar.

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If you have a location in mind, look at what nearby businesses are charging for their food and drink. This is your demographic, and you need to center everything you do around a concept of how to appeal to that group of people.

You don’t have to come up with a 100-percent original concept for your bar.

This is where you smash all of your dreams with a hammer and put them back together in reality. But if you’re serious about opening any business, you have to put together a business plan.

The sooner you make a business plan, the sooner you can figure out if your ideas are financially solvent.

It can help you claim share in your market, but you should also be OK with emulating successful elements of other bars and restaurants.

The best way to learn about the bar business is to get a job as a bartender.When I tell people I own a geek bar, they get very excited for me. “You get to hang out, drink, and play video games all day!” I do get to do those things (though not as much as I used to), and I’m lucky to have a great community that supports us, but it took a lot of hard work to get where we are today — where I am still doing a lot of hard work to make it look like I’m not.You will revise your business plan a lot, because the more you work on it, the more you’ll see what will work, what should work, and what you need to forget about.Once you have your business plan in order, and it’s financially sound, scout out a location.Figuring out how to obtain startup capital could be the topic of a whole other article, but the important part is using your business plan to show you what you need to do to make money, what you might want to do if you make enough money, and what they market is telling you to not do.Do you charge for those Smash Brothers tournaments?Even with that experience, there are plenty of other lessons I had to learn once I was a gaming lounge owner.Remember all that fun stuff about parties and weekly Smash Brothers tournaments?Do you want big cosplay events with loud music and DJs?Or do you want to run Super Smash Brothers tournaments like other bars run Fantasy Football leagues?

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