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The Bar Business Podcast: Bar & Pub Owner Profits, Marketing & Operations
Chris Schneider, The Bar Business Coach
Are You Charging Enough at Your Bar? [menu pricing mistakes that hurt profit margins]
OCT 19, 20267 MIN
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Description
Are you actually making enough money on every drink you sell?
In this episode, I'm talking about why pricing your menu below the competition can hurt your profits, especially when your costs keep going up.
I get into calculating your true drink costs, including mixers, garnishes, waste, and spillage, setting margins that make sense for your bar, and using menu engineering and regular price reviews to keep your pricing on track.
Because being cheaper than the bar down the street doesn't help much if you're not charging enough to stay profitable.
📌Start Here
Own, run, or manage a bar? Join Bar Business Nation.
An EXCLUSIVE private Facebook group for bar owners and operators who want better ways to run the business.
Ask questions, hear what other owners are dealing with, and get ideas you can actually use.
🔴Join here:
→ https://www.facebook.com/groups/barbusinessnation
📌Grab a Strategy Session
https://https://barbusinesscoach.com/strategy-session/
📌Additional resources
🔴Grab the books “How to Make Top-Shelf Profits in the Bar Business!” and “Menus that Sell” here:
→ https://barbusinesscoach.com/book/

