Watch What is in our Advanced Bar and Lounge Business Plan Template

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Video Transcript

Introduction

Hey y’all, my name is Paul Borosky, and I’m the owner of Quality Business Plan.
Today, I’d like to introduce you to my Advanced Bar and Lounge Business Plan Template.

Video Overview

Here’s how the video will play out:
First, I’ll share a little background about who I am, what I do, and why I do it.
Then, I’ll walk you through the Word document portion of my Advanced Bar and Lounge Business Plan Template.

About Me

As promised, a little about me — I’m Dr. Paul Borosky, MBA, and owner of Quality Business Plan and Quality Business Consultant.
I’m a professional writer specializing in business plans.
If you’d rather skip the “fun and excitement” of writing your own plan or financial projections, give me a call, text, or email — I’ll be delighted to help.
I’m also a published author on Amazon, where I’ve written several books on business plan writing.
Finally, I’m an adjunct professor and subject matter expert in business and finance, with years of teaching and consulting experience.

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Template Overview

When you purchase my Advanced Bar and Lounge Business Plan Template, you’ll receive:

• A customizable Word document (the business plan)

• An advanced Excel financial model tailored specifically for the bar and lounge industry

Once downloaded, you can open both files instantly.

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Inside the Word Document

Title Page

The title page reads Advanced Bar and Lounge Business Plan.
You can replace the text with your business name or logo.

Table of Contents

Lists all included sections and subsections.
After editing your plan, click Update Table → Update Entire Table → OK to automatically refresh page numbers and headings.

Executive Summary

Includes editable sections for:

• Company overview

• Target market

• Competitive advantages

Click on the SmartArt icon, then the small arrow, to open the editable text box for customization.

Financial Highlights

Placeholders show sample data.
Use the Projections tab in the Excel model to copy your actual figures:

• Year 1 revenue, cost, and profit

• Year 2 revenue and profit margin
  These sync directly with the sample format shown.

Funding Request

Enter the amount you need to launch or expand, along with loan terms and interest rate expectations.

Company Description

This section provides a detailed framework for describing your bar or lounge.
Yellow-highlighted areas indicate text you should replace.
Parentheses mark where you should insert your own information — company name, address, etc.

Menu & Offerings

List your food and drink items, whether cocktails, beer, wine, or small plates.

Competitive Advantage & Market Position

Summarize your primary target market, pricing strategy, and future growth plans.

Operations Details

Include your hours of operation, location, square footage, and layout (bar setup, seating types, etc.).

Company Goals & Technology

Use SmartArt to adjust short-term and long-term goals.
Add details about your use of technology and key success factors.

Strategic Plan Summary

Outlines objectives for:

• 1–3 months

• 3–6 months

• 6–12 months

SWOT Analysis

Editable SmartArt graphic for:

• Strengths & Weaknesses (internal)

• Opportunities & Threats (external)

Industry Analysis

Pre-written using IBISWorld 2023 and or other data, including:

• Key trends

• Product and service segmentation

• Industry outlook

Organizational Structure

Includes:

• Ownership section – fill in owner names and roles

• Organizational chart – click the arrow on SmartArt to update team positions

Marketing Strategy

Covers:

• Networking

• Traditional marketing

• Internet marketing

• Social media strategies
  Each includes starting examples you can build upon.

Strategic & Operational Plans

Demonstrates awareness of your operational, competitive, and marketing strategies to show readers your planning depth.

Exit Strategy

Explains how you’ll eventually exit the business — via sale, retirement, or closure.

Funding Request & Startup Costs

Lists required startup capital and terms.
Startup costs align with the financial model.

Financial Projections

Copy results from the Excel model’s projection tab and paste them here.
Include the summary chart showing revenue, costs, and profit margins.

Financial Assumptions

Reference highlighted cells in the projections tab for:

• Revenue drivers

• Cost assumptions

• Growth rates

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Advanced Financial Model Overview

The Excel financial model automatically updates all key reports once you edit the dark-blue fields in the input tabs.

Includes:

• Monthly Profit & Loss (Year 1 and 2 broken into quarters)

• Five-Year Income Statement

• Balance Sheet

• Business Valuation (cash-flow based estimate)

• Break-Even Analysis

• Best-Case and Worst-Case Scenarios (adjustable growth rates)

All charts are copy-ready for your Word document.

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Summary & Purchase Information

If you purchase the Advanced Bar and Lounge Business Plan Template, you’ll receive:

• The customizable Word document

• The advanced Excel financial model

• A strategic plan bonus section

• Free online tutorials explaining each component

Requirements:

• Works only with Microsoft Word and Excel

• Not compatible with Google Docs or Apple Pages

If you have questions before purchase, call, text, or email me — I’d be happy to explain what’s included.
After purchase, consulting support is available for a small fee.

Thank you for watching — now go out, make a little money-money, and have a great day!

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