Sports Bar Essay Example | Topics and Well Written Essays - 2500 words

Sports Bar - Essay Example This will help differentiate the bar from other related businesses in the region that focus on men football sports. Premier sports bar will be organized as a partnership between James John and Peter James. The duo will be solely responsible for the day to day functioning, purchasing, staffing and scheduling. Partnering is essential to enhance the viability of the business especially in finances and management. The partners will contribute part of their personal saving in order to begin the business. In addition, the partners will take a loan to supplement their funds from their savings. The loan and the savings will provide a start up to cater for the business building, supplies, licensing, paying permits, training employees and any emerging issue. This sports bar is expected to be opened on December 10th, 2013. This date will create an opportunity to meet new customers at the beginning of the New Year. Customers will be prevented from background noise by developing state-of-the-art- table-top audio control. This will be placed on each table to enable customers select their program of their choice without interference form the background noise. Atmosphere, menu selection and lighting and other services will be combined in order to create a sense of excitement. This will help in achieving the business goal of integrating entertainment experience with dining. The business will employ a supply chain that provides market for both local and regional brewed beers. In addition, the food used will help in complementing a sports atmosphere. This project is beneficial in different ways. First, the project promotes the use of technology and hence enhances productivity. In order to retain customers, the project will be expected to use current forms of technology in entertaining customers. There will be special joints for children and adults. For children, it is expected that they should have their own sports instruments. The project will also promote healthy lifestyles by p roviding customers with varieties and customization. Third, the use of individualized audio gadgets will help in reducing noise pollution. This will make the business environmental friendly. This will create a positive image toward this form of business. Fourth, this project will promote the development of both the local and regional market. Through purchasing of both local and regional beers, these markets will expand and enhance chances of survival in the ever changing economy. Last, in three years period, Premier business aims at sponsoring one local community team in a step of giving back to the sporting community. The team will either be a hockey, soccer or baseball. The team will have a premier business logo printed on the back of their jersey. The management will provide drinks and special foods to the team they support during their game nights. B. Risks of the Project Opening a sports bar is an appealing idea. However, implementing this idea exposes one to certain risks that threatens the survival of the business. While developing Premier sports bar, there are a number of expected risks. The risks range from physical to financial situations. Premier sports bar expects to encounter financial risks in different situations. First, the business is aiming at maximizing the use of current technology in its entertainment. Maintaining consistency with current technology is not an easy task. It requires finances for evaluation and making changes where necessary. In