1. Secure Funding: Start by identifying where you will get the necessary funding to start your sports bar business. Consider financing options, such as bank loans and venture capital investments.
2. Create a Business Plan: Outline your plan for the sports bar, including a budget, marketing plan and operational logistics.
3. Secure the Proper Licensing: Each state and municipality has different licensing requirements for businesses that serve alcohol. Talk to your local Small Business Administration (SBA) office or chamber of commerce to determine what is necessary in your area.
4. Find the Right Location: Look for a spot that will draw potential customers and has appropriate zoning and licensing requirements.
5. Buy Equipment: Purchase the necessary equipment to run a sports bar, such as furniture, TVs, refrigerators and cash registers.
6. Hire Employees: Start looking for qualified employees to help you manage the bar, serve drinks and food and entertain guests.
7. Set Up the Menu: Develop a unique menu for your sports bar that will draw hungry customers.
8. Stock Beverages: Buy an adequate supply of alcoholic and non-alcoholic beverages to meet customer demand.
9. Promote and Advertise: Use traditional, digital and social media marketing tactics to spread the word about your sports bar.
10. Get Insured: Obtain appropriate business insurance to protect you and your customers from potential legal liabilities.