While there’s plenty of things to consider before you run your own pub, building a profitable and successful bar or pub doesn’t have to be difficult or daunting. By working with Hall & Woodhouse, our Business Partners are running hundreds of thriving and bustling establishments.
Essentially, yes. Compared to many other industries the profit margin in the bar and pub industry can be considerably higher; depending on your offering and what you decide to stock.
However, running a pub or bar doesn’t automatically mean it will be a success. That comes down to your work ethic, understanding of the business and how you choose to operate your establishment. The team at Hall & Woodhouse are there to give you as much or as little support and training as you believe is necessary, but ultimately, the business is yours.
Beyond profits and costs, factors like comfort, consistency and ensuring your guests enjoy a welcoming environment that they want to come back to, is also vital.
There are many different types of pub you can run, but whether it’s a traditional wet-led pub or you’re looking to expand to offer events and functions, it’s essential that you choose a pub that fits your lifestyle and personality. Guests love a friendly face and a warm welcome so this occupation generally doesn’t suit shy, retiring types!
People thrive in environments where they feel they can behave naturally, which can be a massive contributing factor to the success or failure of a pub. Exceptional customer service, passion, and a well-stocked offering are just a few more things that can encourage your patrons to keep coming back.
Sometimes it’s difficult to say why a business is unsuccessful, however, often it’s simply due to rising costs or depleting interest. It’s important not to underestimate the hard work involved in running a business, even with additional support from Hall & Woodhouse, there’s a lot of work to do. Why not take a look at our top five things to consider before you run your own pub to help you weigh up your options.
If you have more questions or would like to learn more about working with Hall & Woodhouse, get in touch with Julie from our BP Marketing team at julie.barlow@hall-woodhouse.co.uk and she’ll be happy to help.