So, you’re interested in becoming a pub landlord? Running a pub is unlikely to come without its challenges but it carries the potential to be a great career for those who embark on the journey.
But what do you need to run a pub? If you’re joining the industry and unsure about what you need to run a successful pub, keep reading. This article will outline five things you need to set up and run a pub.
1. A location and premises
The first step up in running a public house is deciding on a location and what type of pub you wish to operate. Whether you dream of a traditional, urban, or country pub, the location you choose should reflect your decision.
Your pub’s location will heavily dictate your clientele, menu and rental costs. Choosing a location for your pub is the most important decision you will need to make throughout your landlord journey.
Once a location has been finalised, you will need to secure a tenancy, leasehold or freehold premises.
2. Staff
Although you may expect to be able to manage operations alone for the first quarter, a successful pub relies on a talented workforce.
The duties of running a pub include more than just pulling pints and collecting glasses. You will need a dedicated workforce to help greet customers, clean equipment, restock fridges, manage inventory and market your business.
Advertise in your area for experienced hospitality workers that can support the running of your pub.
3. Legal compliance
As a landlord, you must ensure that your pub is legally compliant. This means ensuring you have insurance, health and safety training, food safety training, valid gas certificates and fire safety risk assessments.
You must also register your business and acquire a premise license which allows your pub’s physical location to sell and supply alcohol. You can obtain this license from your local council by applying online.
By registering and operating as a pub with an official license, you become obligated to follow an age verification policy and promote responsible drinking.
4. Stock
Stock is a key ingredient for the smooth running of any pub. There are many ways to acquire stock whether that be through negotiating with suppliers, buying from a variety of brewers or becoming a tied house.
Remember that the quality and price of the stock you will be serving in your pub will need to reflect the demands of your clientele. Remember not to neglect non-alcoholic drinkers and provide a balanced range of options.
5. Bar equipment
So, you’ve got the stock but how will you serve it to your customers? You may need to install a draught beer system and an industrial glass washer depending on the scale of your operation.
Installing and keeping up with new industry advancements can be a costly process so ensure that the equipment you purchase is suitable for the needs of your pub.
Don’t underestimate the amount of glassware the running of your pub will require. Account for breakages and shrinkage and consider the volume of customers you are likely to welcome.
The equipment behind the bar is a big expense so it’s important to get it right.
If you’re a first-time public house operator who is looking for financial, operational or general support, at Stewart Hindley we are on hand to help.
For information about pub finance for time operators and how this could benefit your business venture, get in touch with us today!
