Video Game Store Business Plan

Also, get a good lawyer to review any lease documents before you sign them. This is the first place where a business plan pays off.Figuring out how to obtain startup capital could be the topic of a whole other article, but the important part is using your business plan to show you what you need to do to make money, what you might want to do if you make enough money, and what they market is telling you to not do.Do you charge for those Smash Brothers tournaments?Do you want big cosplay events with loud music and DJs?Or do you want to run Super Smash Brothers tournaments like other bars run Fantasy Football leagues?A good business plan will help you have answers to questions before they are even asked.When we had our first liquor license hearing, neighboring residents showed up who were unhappy with the idea that a new bar was opening up in the space.When I tell people I own a geek bar, they get very excited for me. “You get to hang out, drink, and play video games all day!” I do get to do those things (though not as much as I used to), and I’m lucky to have a great community that supports us, but it took a lot of hard work to get where we are today — where I am still doing a lot of hard work to make it look like I’m not.They gave me advice and taught me a lot about profit margins and the day-to-day workings of the industry.What works in Milwaukee probably won’t work in Seattle, and so on.

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