Ending Soon! Save 33% on All Access

Jon Taffer's 3 Tips for Running a Bar or Restaurant 'This is a serious business. It's a hard business.'

By Jason Fell

Opinions expressed by Entrepreneur contributors are their own.

If you've seen Bar Rescue on Spike, you know that many of the struggling bar owners had no idea how to run a business, causing them a lot of trouble. That's why they called service-industry expert Jon Taffer to help get them on the right path.

"This is a serious business," Taffer warns. "It's a hard business." It is a business that needs to be managed by the "moment" and isn't as easy as cooking food or mixing drinks (even that isn't exactly easy). Bars are businesses just like anything else and need to be run like one.

In the short video above, Taffer outlines his top tips for aspiring bar and restaurant owners:

1. Don't do it if you love the product.

If you're serious about getting into the bar or restaurant business, Taffer's biggest tip is this: "Alcohol isn't for drinking, it's for selling." Same goes for food.

2. Remember, every moment counts.

"If I don't fill a bar stool for two hours, those two hours are gone forever," Taffer says. "It's a business you have to manage by the moment."

3. Running a bar is more than just selling drinks.

"A bar is a factory, a marketing organization and a service organization all in one. And you have to manage all three," Taffer says. "You have to manage the factory (production), you have to manage the marketing and imaging and you have to manage the experience."

Related:

Bar Rescue's Jon Taffer Says 'Every Excuse Is BS'

Bar Rescue's Jon Taffer on Why He's Such an Asshole

Bar Rescue's Jon Taffer: This One Thing Makes a Great Leader

Jason Fell

VP, Native Content

Jason Fell is the VP of Native Content, managing the Entrepreneur Partner Studio, which creates dynamic and compelling content for our partners. He previously served as Entrepreneur.com's managing editor and as the technology editor prior to that.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Growing a Business

Want to Expand Your Market Overseas? Here's Everything You Need to Know About Global Logistics in 2024

With rising geopolitical tensions and changing market conditions it can be hard for businesses to navigate supply chain logistics even in a post-pandemic world. Here are three tips from the CEO of an international customs brokerage.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Kickstarter Is Opening Up Its Platform to Creators and Making Big Changes to Its Model — Here's What's New

The company noted it is moving beyond traditional crowdfunding and making it easier for businesses to raise more money.

Business News

Elvis Presley's Granddaughter Fights Graceland Foreclosure, Calls Paperwork 'Forgeries'

The 13.8-acre estate was scheduled to be sold in a public foreclosure auction on Thursday. Presley's granddaughter and heir, Riley Keough, is fighting to save Graceland in court.

Business Culture

The Psychological Impact of Recognition on Employee Motivation and Engagement — 3 Key Insights for Leaders

By embedding strategic recognition into their core practices, companies can significantly elevate employee motivation, enhance productivity and cultivate a workplace culture that champions engagement and loyalty.