Frequently Asked Questions
Here are some of the most common questions we get concerning our products and company:
1) What are my chances of success?
2) What kinds of businesses will this work for?
4) How long does the process take?
5) Why shouldn't I just do it myself?
6) Why is this better than any of the other products available to help me start my business?
7) What do I get for my money and how much is it?
8) What kind of software am I getting?
9) I don't plan to open a business for many months yet- why should I order now?
10) What have other people said about this product?
11) What is your background and experience in business and capital raising?
12) What are the system requirements to run your programs?
13) What are the ways I can pay for this? What about shipping?
14) Why don't you have a phone number where I can talk to someone?
What are my chances of success?
If you've been thinking about opening a bar business you've probably already heard the old adage that 80% of them fail, and that can be a little troubling for an entrepreneur staking a life savings and a life-long dream on opening one. Even if it is strictly a business investment, no one wants to face only 1 in 5 odds of success. And it is true that many new businesses fail. The good news is that the reasons that bars fail tend to be not only predictable, but preventable- just read our FREE Report!
With our Bar Success Kit, we greatly increase your chances of success, and with absolutely no risk to you. This is because we help you identify all the potential risks that can keep your bar from being a success, and avoiding them before they happen. And that means not only in the planning stage, but also when you go to the bank and begin working on the actual deal. The first year is a critical time for your new venture, and our information will let plan things and raise the money you need to avoid the danger most new businesses face from a shortage of capital.
So, while it is hard to say exactly what your chances are (only a liar will tell you differently), you can rest assured they are much greater with the right information and plenty of money at hand to get you through than if you don't have those things. And if you can't raise the money, you haven't lost anything, including the cost of our program!
What kinds of bar will this work for?
This will work for any type of bar you may be considering: a neighborhood bar, a nightclub, a sports bar, etc. Underneath the skin, bars operate very similarly, and our software is flexible enough to let you create a plan and financial projections for any type of operation you are contemplating. On the other hand, bars are different businesses than most others, so our program is very helpful in leading you to the right choices, unlike the generic business plan software packages available, which are not just very helpful for your specific need.
How much money can I raise?
You can raise as much as you need! It is foolish to try and begin a new business venture without the proper amount of capital- in fact this is one of the biggest reasons new businesses fail- not because people aren't coming in, but because the establishment can't get to it's break even point before the cash runs out. And, although it may not seem like it, raising a lot is no harder than raising a little! Our financial package will help you easily determine exactly what you will need, and how to structure the most favorable deal on the best terms.
And we don't just show you how to get the bank loan- we show you how to finance the whole deal! Often, by combining financing sources, you can raise much more than you would expect. For example, in an acquisition deal, you can combine personal capital, plus a bank loan, plus equipment leasing, plus owner carry, plus vendor financing, plus investor money, plus broker commission deferment, plus existing cashflow into a workable deal to get you into a business you thought was out of your price range. If you don't know how to do all that, and it sounds complicated, don't worry! Our information will show you how, and it's easy if you just go step by step.
How long does the process take?
With the necessary information at hand, you can complete a business plan and financial package using our Bar Success Kit in as few as 8-10 hours. How come so fast? Because we do all the heavy lifting for you, and give you step by step instructions on what to write and what numbers to enter. Our product does the rest. Now, if you don't have all the information needed to enter, we tell you exactly how to get it and where to go to find anything you don't have. And with that kind of help, gathering your info shouldn't take very long, either!
Why shouldn't I just do it myself?
You certainly could just do it yourself. But a good question to ask yourself is what is the real cost of this? Suppose it takes you three months to complete a business plan and financials and put together a loan package working on your own, about 10 hours a week (the national average). What is that time worth? Now, what about the cost of mistakes, and mis-steps, and the trial and error learning that happens any time someone does something for the first time?
Now compare that to the cost of using our Bar Business Success Kit:
When you put it that way, it starts to sound pretty attractive, huh!?!
Why is this better than any of the other products available to help me start my bar?
First, there just aren't very many products of this scope that are designed to help you open a successful bar business. There are some books, but they don't create the plan you need to get the money. There are also generic business plan software products, but they don't help you do the kinds of things you need, like figure out a liquor license, differentiate between well drink inventory and premium, have a slot for a barback job position, or a million other important details only a bar owner has to deal with.
Second, we help you create an entire package- a business plan, a complete set of financials, and supporting documents, to create what is called a loan package. Then, we give you a ton of info on how to go and get that loan with the package you have created- how to find the banks, talk to the bankers, and get the best deal.
No other package out there offers so much- no just the easy to use financials creator and the business plan tool, but all the extra support information, bonus resources, and business help that is essential to getting a "Yes" from the bank and closing the deal.
With our program, there are only small boxes to enter info into, and we tell you exactly what to put each step of the way. We know what you need because we know small businesses and all we do is businesses. And we know the plans we create work, because they've been proven in the real world over and over. And that's why we stand behind (unlike any of our competition) our products with a 100% Moneyback Guarantee- because we know they will work for you, too.
What do I get for my money and how much is it?
The current price of our Bar Success Kit is $97.00. There is no shipping cost since the product is a software download.
What you get with the download is a business plan creation tool, a financials software application, and an E-book and user's manual. Also included as part of the kit are a host of other important and valuable tools you will use to make sure you have the maximum chance for success in your venture.
The reason we can offer our package at such a good price (especially compared to our competitors!) is that we don't spend money on fancy packaging or expensive book binding. And we only sell direct through the Internet. So you get the best deal, and only pay for what really matters- RESULTS!
What kind of software am I getting?
Our business plan creation tool is designed to work with Microsoft Word, although it will work with any word processing program available. The financials creation software is built on a Microsoft Excel platform, and requires Excel 95 or a newer version to run.
Now you might ask why do we use other people's programs instead of creating our own software like some of the other business plan software companies? There are several good answers:
One is that their (MS Excel and Word) programs have already had literally millions of hours of use, and the bugs are all worked out for what we need them to do. So you are likely to have far fewer problems running the programs and getting them to work. In fact, they are probably already on your computer and working just fine. So you save time and headaches not crashing your computer with new software.
Another reason is that by not having to develop everything from scratch, we can offer our product at a better price because we need fewer programmers and support people. We can concentrate on the business side of what we are offering, and let others worry about developing the underlying code needed to make it all happen.
A third reason is that the Microsoft document and spreadsheet programs are much more powerful than anything you can get with a business plan product. So even though we make them super easy for you to use, we can make them extremely powerful and comprehensive behind the scenes by using someone else's tools to your benefit.
A fourth reason is that many people are familiar with these programs, so they can work much faster than if they have to learn a whole new program. If you're not, don't worry- we make it very easy for you. But if you are, then you can really fly, saving yourself more time and the hassle of learning something new you will only use once or twice.
Still want more reasons? How about these: Many, many people know these programs so you can get help from many sources. If you are a power user, you can really maximize the effort- more than with a stand-alone, limited function business plan software product. You can work on any computer that has these programs just by bringing a floppy disk with you, you don't need to load a special program on each new computer. You can switch back and forth between the financials program and the business plan program easily, and even be printing one and working on the other at the same time- which you can't with other products.
Many people don't understand at first why we don't create our own software from scratch like our competitors. But after some more thought based on our reasoning above, they agree with us that they can't understand why our competitors do!
I don't plan to open a bar for many months yet- why should I order now?
There are several good reasons to order now, even if you aren't planning to open a business for some time:
What are the system requirements to run the program?
Any computer running Windows 95 or higher with a Pentium or better quality processor is fine, with at least 16MB of RAM. If you're not sure, as long as the computer was made in the last 4-5 years, you should be fine.
The financials program does require that Excel 95 or newer be loaded on the computer. The business plan will work with any word processing program, although it is optimized for Microsoft Word.
Now what if you don't have this, or even have a computer? Should you give up? No! Here are some other ways you can still use our product and achieve your desired goals:
There are always ways around any problem if you just get creative and don't let little obstacles stand in your way!
What are the ways I can pay for this? What about shipping?
The fastest and easiest way to pay is by using a credit card (Visa, Mastercard, Amex or Discover) on the website to order the Bar Success Kit. Alternatively you may send a cashier's check or moneyorder to our regular post office address, found here. We will also accept personal checks, but they will be held until they clear before the product is shipped.
Shipping is not an issue since we provide the software via download. If you ever need a new copy due to loss of the data, just send us an email, and when we confirm your order we will send you a new download link.
Why don't you have a phone number where I can talk to someone?
We have found it much more economical not to have to staff someone on the phones full time, and since many of the questions we receive require a more experienced person to answer anyway, just being able to get through isn't the only important factor. That doesn't mean you can't reach us, however! Simply send us an email with your phone number, and the best time to call, and we will call you as soon as possible, usually the same day.