How to start a gay bar

The U. Read on to learn how much "real" cost to open a bar can be. Factor in the following one-time and ongoing expenditures when evaluating how much it will cost you to open a bar:. However, it's important to keep in mind that these are averages. The location, size, and bar concept e. If the costs above are beyond your budget, know that making a solo investment in a bar isn't the only option for starting your business.

Investing in a bar with a group of individuals allows you to share the start-up and operating costs and day-to-day stresses of running the establishment. The other benefit of joint ownership is that it spreads your risk. Should the bar not succeed, you will have only lost a fraction of your investment.

There are a multitude of licenses and permits you must obtain from your state and municipal government to operate a bar. The federal income tax brackets and tax rates have been released by the IRS and it contains a few changes which could impact you at tax time. Are you happy with the way e-commerce works on your website?

Is it simple for you and your customers? If not, consider adding a user-friendly shopping-cart application to your website.

The gay bar: Can you make money running one?

What is an e-commerce shopping cart? An e-commerce shopping cart is more than a virtual basket for purchases. It manages all aspects of the purchasing. Employee bonuses are generally deductible for businesses but learn about the allowances and limitations for this valuable tax deduction.

Any merchant who's dealt with chargebacks knows they're troublesome. Learn more about chargebacks for small business and how to recognize and avoid them. The financial life of every freelancer is subdivided into quarterly estimated taxes. When the fourth quarter deadline comes, many people rush to make a payment without updating their income and end up with a surprise tax bill.

Deducting mileage when you stop at home can be tricky. Our tax expert dives into what you need to know about your taxes. Mileage Guides. For Individuals. Real Estate. Small Business.