Your business plan will also provide the documentation that a lender or investor requires if you find it necessary to seek outside funding sources for your business.
So I know it can be done. What more proof do you need that a jazz club cannot survive today in Kansas City? You want to own a jazz club?
It would be easier to just throw your cash into a bonfire. I know it can be done. It takes a knowledgeable operator, the right location, solid marketing, sufficient operating capital, and a tight business plan.
I wrote a business plan to open a new jazz club in Kansas City over two years ago. I retained consultants who own and operate successful restaurants and clubs in Kansas City and other markets. Research revealed two basic operating models for a successful jazz club: I found an ideal location within the downtown loop.
Four other businesses on the street open for lunch, suggesting meaningful foot traffic. Research identified over 20, workers in walking-distance offices.
And it was adjacent to two residential areas. The space could be adapted to the character of a classic jazz club. The address was simple and memorable.
Supported by professional operation and marketing, this location could draw music fans for dinner and drink at night and turn a profitable lunch operation during the day.
The consultants saw enough potential that they offered to reduce their fees in return for an ownership stake. Now consider Main. I looked at that location. I saw a space that, with some tweaking, could become an ideal jazz club.
But minimal weekday foot traffic in an area with less densely-packed offices limited its opportunities. More importantly, rent was nearly half again as much as the downtown locale.
I ran the numbers. But cold analysis said that once open, I could not project sufficient business to support a profitable jazz club there. Its choice of business model was clear. Add to their woes poor marketing ads in The Pitch, except during First Friday events, reached the wrong demographic and start-up pains twice when dining there I returned silverware covered with water stains which discouraged business.
Success takes a knowledgeable operator, the right location, solid marketing, sufficient operating capital, and a tight business plan. The Blue Room was recently recognized as one of the premiere jazz clubs in the country, and deservedly so. Jardines, if rumors are to be believed, will rise again.
The Majestic showcases jazz in a space that was once a speakeasy. Take Five is pushing jazz to conquer the suburbs. The Phoenix has morphed into more of a blues bar, but still highlights nights of jazz. Yet this area will support another jazz club. The right location is one research says will support noontime business.
The right operator is one experienced in the service industry, or one who employs operators with never-a-water-stain-on-the-silverware experience the role my consultants would have fulfilled.
The owner will have the capital to operate at least ninety days as he or she builds the business. And that business will be built through word of mouth, sustained with astute marketing, including strategically placed ads and a day-one online and social media presence.Karma Jazz Cafe, LLC Overview.
Karma Jazz Cafe, LLC filed as a Domestic Limited Liability Company (LLC) in the State of Texas and is no longer active. This corporate entity was filed approximately thirteen years ago on Thursday, September 29, as recorded in documents filed with Texas Secretary of State.
If you are starting a Jazz Cafe business then it is wise for you to put in writing a Jazz Cafe business plan. If you need money for your business this will assist you with it and even if you are lucky to have enough money to set up your own business then a business plan will benefit you in your business .
You want to own a jazz club? It would be easier to just throw your cash into a bonfire. Bull. I know it can be done. It takes a knowledgeable operator, the right location, solid marketing, sufficient operating capital, and a tight business plan. I wrote a business plan to open a .
The classic work, revised to reflect the latest online and printed financial and marketing resources and current business plan practices. Rating: (not yet rated) 0 with reviews - .
Four real-life business plans and blank forms and worksheets provide readers with additional user-friendly guidelines for the creation of the plans.
This updated seventh edition features new chapters on financing resources and business planning for nonprofits as well as a sample restaurant business plan.5/5(2). Anatomy of a Business Plan - Appendix IV: Karma Jazz Café Business Plan Restaurant operators remain solidly optimistic about sales growth in their establishments.