Collective consultant power needed. Case study: my parents own a small bar. 8 tables. No room for dancing/games. Bar is struggling financially. How do I approach helping? Any ideas how to improve?

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Get a different food truck to show up each weekend

likefunnysmartuplifting

Bars around Lake Tahoe have food trucks.

Trivia nights? Market through Facebook/local resources depending on what city to let people know what’s happening - 4/5 person teams, no entry fee (people will buy food and drinks if you schedule it around dinner time), prize could be a voucher for money off on their next visit and a picture on the wall - people love having their name/picture on the wall and will come back/bring their friends.
Based on the description is sounds like a more laid back, casual atmosphere, maybe some live music from aspiring bands in the area? (Warning for live music, my advice to be to keep it quieter rather than louder, I love live music but can’t stand when I can’t talk to the people I came with).
Also maybe some theme nights, would definitely check out a bar if they were doing a jazz night, etc., but it would definitely depend on the demographic of the area

likehelpfulupliftingsmart
Recent IconRecent

Watch episodes of “The Profit”.
https://marginalrevolution.com/marginalrevolution/2018/04/lessons-from-the-profit.html

1) Figure our what’s profitable and what’s not
2) Literally clean up shop

It’s the most relevant show to consulting.

likesmart

Location? Size? Layout? Vibe?

likeuplifting

Very important questions^.

like

Sabotage the other bar. Monopolize the booze supply.

likefunny

Another Chicagoan here I see :)

like

Thanks! :) it's hard watching your folks work 7 days a week nonstop. Will put in some time over the holidays and make it a mini project :)

Keep the ideas coming please! :)

like

Segment the customer

likefunny

Segregate*

likefunny

Become a craft beer/cocktail bar and charge out the wazoo.

like

What are their yelp and Google reviews?

likehelpful

Top line or bottom?

like

Don’t forget to start with internal and external analysis before diving into options!
(Sounds like a joke but I’m actually serious - make sure you understand who your customers are, why they come to you, and what competition is doing differently - before launching specific initiatives). Why not start with asking customers their quick 5min feedback over a free coffee?

likehelpful

Fantastic! I guess starting with basics from biz school :) 5 forces, SWOT, customer segmentation... Makes sense

likeuplifting

Implement SAP. It's always the answer

likefunny

Maybe it needs to be a coffee shop?

likefunny

Coffee shop by day and bar by night? We have two of those in our neighborhood and it’s really fun. People stay all day working and ordering tons of coffee and then in becomes a social bar scene at night.

like

Super tips already! I love the trivia idea! Live music will likely be too expensive. We're talking 500 per day topline (not US). It's a easy going bar, serving really amazing coffee and great selection of craft beers. Outdoor sitting. In the suburbs, but with many people living nearby. Thank you all soo much for your time!! Any more ideas?

like

There is a show called Bar Rescue...watch a few episodes. Things reducing overpour and improving the layout of the bar working area could help the bottom line more than people would expect (e.g., getting more from each keg with a new tap ststem). As a consultant I'm sure you could do the quick estimate on break-even on the system.

I'd also check the markup on various things you sell. Especially on snacks.

like

TV situation? Any big local sports teams? If they sell food, use food specials during games to get butts in seats

like

Redecorate so it’s insta-worthy: cool, colorful walls, and serve pretty drinks or drinks that are picture worthy (rainbow colored, glowing, smoky, on fire, etc.)... once people start snapping and tagging away on Instagram, the crowds will follow suit. You can create a whole marketing machine around this.

likesmart

Agree with this - decor needs a refresh and then take some great photos and improve the picture on google / trip advisor etc. Also for Instagram

like

YOU GUYS&GIRLS ARE FCKN AMAZING!!!!!!! THANK YOU, THANK YOU, THANK YOU! So many awesome ideas. We're gonna turn this baby around over the holidays :)
Happy holidays!

like

So many good ideas and strategic planning steps here! Nice!

However, many marketing ideas are heavily Americanized ideas which may or may not run well in a suburb in eastern European country! So be careful about them.

Good luck OP. Keep us posted.

8 tables is a great size for a date bar! Amp up the ambiance and cool cocktails, candles and chill music. Lots of tiny bars in my neighborhood are specialized as good date spots

like

Related Posts

Will I be overpaying, if I get a 2017 Lexus RX350 AWD with 49.5 K miles on it for 32K out of door from a dealership near me? This is my first time buying a used car and also anything outside of a Honda. All insights are appreciated.

like

Anyone have any legitimate passive income? I’m talking about something that takes sizeable upfront time investment to get going, but takes <5 hrs a week to maintain.

like

Hello fishes small suggestion from my end for who are trying to switch

Don’t wait/waste your time for positive replies from employers continue your hunting in market.

I had a bad experience with CTS even my interview gone well I got negative feedback. May be they have budget/notice period constraints, if that is the case why would they conducted interviews with out basic checks

Exp - 7+
Tech stack - Java fullstack Developer

like

Would anyone in this bowl be interested in participating in live sessions? Perhaps tips and tricks, networking, interview tips, salary negotiation, etc. as topics…

likesmarthelpful

Anyone got a loan with Guaranteed Rate? Started looking for a condo(Chicago) and keep seeing them pop up. Looks like they charge $1290 lender fee, but wanted to see if anyone had experience with them

like

Any entrepreneurs here had angel investors actually invest in your company? If so, how did you find them and how did it go?

like

Sorry if this has been asked a few times but - relocating to Charlotte and looking for apartments, preferably in southend. Any solid recommendations or places to avoid?

Looking for a 1 BR - 2.4K a month or less.

TYSM!!

I’m a newer registered nurse (2 years) and want to get into remote work. I keep getting denied due to lack of experience but to even get the job I have now (case manager) the company knew one of my family members and they gave me a chance to interview because of that. For these remote companies where I don’t have connections how can I transition over?

likehelpful

What will be in hand for the below after-tax deduction?

Post Photo
like

Sanity check. I like a nice lifestyle. Currently make 350-550k with bonus. 53 years old. About 400k in brokerage. Another 1.9million in retirement accounts. House worth 1.2 million with loan of 625k. For retirement pension will be $2400 per mo which goes to my wife if I die for life. Another 3800k Per month estimated from Social Security. I plan on working another 10 years or so maybe less once the kids graduate college. I am this will be out in 2024. What should I be doing or thinking about? 

like

What provider does BDO use for its 401k plan? (Fidelity, Vanguard etc.)

likehelpful

Marital advice from points 🐠 please! I’m the points / rewards person in our house. Spouse couldn’t care less. Drives me bonkers when he makes purchases at stores where we have rewards but doesn’t bother to identify it. He literally leaves money on the table when not bothering to pick the credit card from his wallet that has the best rewards for the merchant. I give him the tools (card pointers app, all the rewards cards in apple wallet) but he just can’t be bothered. How to get him onboard??

like
like

Need suggestion:
I have offer from Morgan Stanley Budapest. They offered me 1.1 Million HUF Per month. I need advise weather this opportunity is good and how much can I save there. Also want to know whether it is advisable to move to Budapest.

Current CTC is 20LPA in India

Thanks!

Any good book for learning about real estate? I live in NYC,23 and I'm interested in getting in it next year God willing...?

like

SO I have been dating for couple months doesn’t have friends and wants to hang out all the time, is this a red flag?

like

What do you wish on your ex?

like

Folks if ur looking for referral in EY across the globe then DM me with requisition job ID.

Must not applied or attended interview in past at EY

Only above fullfilling folks DM me

like

I’ve been thinking about getting into real estate investing. Not right now but later down the road. I’ve been trying to save up for a down payment. What are some good resources for a beginner? Blogs, YouTube, books etc I’m not looking for paid courses because I will be learning at a slow pace. Any help will be appreciated.

like

I was just informed after the third round of interviews they’d like at least 5 references, two must be supervisors. My last job was a temporary remote job where I didn’t really interact with my supervisor and the jobs before that were at my family’s business (I do not speak to any of them for serious personal reasons.) Anything before that was grad school and I haven’t kept in contact with any professors from over five years ago. What should I do? 😕

like

More Posts

Can anybody please suggest me how to get an offer letter and how to apply for jobs in Australia while residing in India? I am looking for a job in Australia. Currently working in a big4 company.

like

I hate California labor law,.., that is all :-) lol

likefunny

What are the best security consulting firms with a focus on the federal sector?

Please if you can help and advise?
I have just joined
Amazon Retail as sr Program Manager a month ago. I miss banking/technology now. I have heard that I can move teams. I know it’s too early so I don’t know how to approach this situation and potential HMs. Reaching out to this community to seek help if you have similar roles for which you (or your network) is hiring, would you be able to help? It’s better to be in a relevant role and be best than performing poor in current role. Please help.

like

What percentage of raise have you asked for when going from Senior to Supervisor?

Hi fishes,

I got a offer of 26lpa(23.5 fixed and 2.5 variable) from genpact and 21 lpa (20 fixed , 1 joining) from epam, not sure which one should I join. Please if someone can advice me which i should join keeping ressession in mind. Thanks in advance@

like

Only a few of the engineers I've met have been antisocial, and it seems like such people are represented fairly evenly across different careers. I'm not really sure why that misconception still exists

like

I work as a worker’s compensation adjuster and I cannot seem to get the hand of loss of time. Been in the same role for a year. Any piece of advise? I have made several improvements but it feels like I’m dragging it out. Last question is how do you manage claims that you have not handle for months and you’re too scared to do anything.

like

Need Suggestions:

Engineering manager vs Tech Architect?

YOE 9+ as backend developer.

Which path have growth in terms of compensation, learnings and opportunities ?

How much difference is there in salary between EM and architect ?

like

Hello fishes small suggestion from my end for who are trying to switch

Don’t wait/waste your time for positive replies from employers continue your hunting in market.

I had a bad experience with CTS even my interview gone well I got negative feedback. May be they have budget/notice period constraints, if that is the case why would they conducted interviews with out basic checks

Exp - 7+
Tech stack - Java fullstack Developer

like

Thoughts on Roland Berger’s Dubai office?

like

What’s FDD like at Bain, BCG, or McKinsey?

funnylike

Would anyone in this bowl be interested in participating in live sessions? Perhaps tips and tricks, networking, interview tips, salary negotiation, etc. as topics…

likesmarthelpful

First time seeing a fire boat on the lake

Post Photo
likeuplifting

Are we headed for the long overdue crash/correction - red everywhere 👀

likefunny

Hi folks, any idea about the current hiring process for an experienced hire at big4? I meant in terms of total duration.

like

I’m so tired of US companies hiring remote Canadian employees offering to pay a fraction of the price for the same role.

This is consistent across the majority of the tech companies. While I am looking to exit consulting, don’t want to be paid 50% of what my colleagues would be making across the border.

likefunny

Hi, fishes I am open to providing referral in TCS as a Java Developer. YOE: 1-3 Like this post so I may help.

like

Hi,
Can someone refer me at NielsenIQ for Data analytics positions?

If I decline health insurance at IBM, do I get a cash payment? I have an offer from another firm that gives me $5k... does IBM give anything?

(Wife has free health insurance via her city job)

like

Additional Posts in Consulting

I got offers from top consulting firms in Berlin and Amsterdam. Any ideas what factors to consider in my decision?

likehelpful

What firms (consulting and industry) have good medical benefits? (Using BCG's as my baseline for good)

like

Can Bama just not win for once? Already annoyed that they’re in the CFP without a conference win.

like

Entering my 15th week unstaffed for the year. Does Deloitte do layoffs for low utilization? Mine is around 60%

like

If you quit PwC and are moving to a different location for your next job. Is it possible to return your laptop in the other PwC office?

like

Thoughts on Prosci or SHRM-SCP certification? Which would be considered more valuable or highly regarded? Currently focused on Change Management but have a HR background (industry experience / area of study in college).

likehelpful

Currently at Big 4. Have offers for a PL/Principal at MBB and for a VP role at a Fortune 20 company. The VP role is more interesting and comp a bit better but I’m told would accelerate faster at MBB. The initial plan was to end up at MBB. What’s the best for future flexibility?

like

Where is the excel with the best Hilton discount corporate codes

like

Best consulting firms (including boutiques) if you want to do product design/development

like

Happy friday ya'll

Post Photo
likefunny

Can I use my MBA loan to pay for my monthly condo mortgage? Probably heading to Georgetown and want to buy a condo in northern va area. Would just pay mortgage instead of rent using the MBA loan $

like

Stupid question: do you get to alt-travel? Not fly home to your home office on the weekends, but use that budget to fly somewhere else?

like

New to consulting... If your project is likely to get an extended/new contract but you do not want to get extended with the project, do you have a lot of say in pushing back and saying no?

like

Question from a newbie consultant - What are some good online courses/ books to improve consulting skills?

like

Plural tutoring session anyone? Looking to do as a weekend job. Current target OPs are "Has there been layoffs" and "What's your thoughts" but happy to expand.

like

Bay Area fish. Looking for a dude named Micheal, audit at KPMG. USC grad. Who was supposed to go out with a girl from bumble who has bailed on two dates before. She unmatched on accident cont...

likefunny

Justifying the Sheraton's painful bed to yourself because the Four Seasons don't recognize your loyalty

like

My AA Gold status is expiring in January. Is there a way I can save the status without paying $695?
My next challenge is on 2020 😔

like

Going from government consulting to commercial healthcare... thoughts?

likefunny

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal