How To Start A Successful Event Venue Business: Recent Episodes
Bonnie
As an experienced venue consultant, I work with aspiring venue owners to create a profitable, sustainable & successful event venue business. In these podcast episodes, we'll be sharing with you valuable tips & ideas for aspiring & current venue owners who wants to succeed in making their dreams of building a successful venue business happen to which they can be proud of.
Starting a company isn't just about coming up with an idea. You have to tackle many details: everything from funding to legal structure to developing a business plan. Here, we'll walk you through all the things you need to do to launch a startup as a new venue owner.
This week on our podcast, we're going to continue to talk about locations and negotiating. And why it's very important once you find a location, to negotiate different aspects of the lease.
Know the key components of every aspect of the negotiation that has an economic cost to it and things that you must be able to comply with.
Today, we're going to be talking about how to survive a downturn. If you're worried about recessions and looking for solutions and ways to becoming recessionary proof and things of that nature, you're in for a lot of learning this week. George and I will be giving you some ways to help you deal with a looming recession. Be sure to tune in!
In this week's episode, we'll walk you through the importance of a business plan. We know that a business plan is your roadmap to success for your business and it's forever changing. A lot of people asks me if I have to have a business plan to start my business, and I would often say "YES!". A business plan is your foundation, like a formulation to know where, when and how you're going to get there.
So listen to this episode and understand why it's super important that you need to have one before even starting your event venue business.
If you have questions or just want to pick up your brains and be more strategic with your venue business, you can schedule a 1-hour venue startup strategy call with me on my website.
In this episode, George and I will discuss competitive pricing strategy, in which you set the price of your product or service based on the price of your competitor. Learn why competitive pricing models are such an important part of a company's revenue cycle.
This week's podcast episode will discuss venue start-up business expenses and why you need to understand the cost of starting a business, as well as how to manage your expenses while ensuring you achieve a return on investment. These simple tips are highly recommended for new or aspiring venue owners who want to know what expenses to anticipate as a start-up, why you should budget for contingencies, and more! Listen to this episode today and contact us if you have any questions.
Visit bonnierhawthorne.com for the best venue business tips and expert advice!
In this episode, George and I will be talking about the lessons we've learned over the years owning a venue - golden nuggets of information that will be most helpful to you as a current venue owner or someone aspiring to be one!
Listen on in and let us know in the comments below what resonates with you the most.
In this episode, we'll we'll continue to talk about location & negotiating a lease. Learn why negotiating the different aspects of a lease is an important key component when you're taking a lease for a commercial building or space; what to look for when you're looking for location, and more! Listen to this mini podcast today.
In this episode, we'll be talking all things about finding your venue location - know the demographics in order to find the right location for your venue. And learn the most important decision & business consideration for a venue, what kind of market you're targeting, and more!
In this episode, George and I will be talking about the most important things you need to do & consider before you plan on starting & owning a venue.
We'll talk about funding, creating a business plan and more!