Guest Posted November 6, 2002 Report Share Posted November 6, 2002 kfarang@ethailand.com is busy juggling dates. Drop him an email. We are looking at Thursday or Friday evening or sometime on Saturday. You can also let me have your mail address and I will send you the url of an online discussion we have running. Link to comment Share on other sites More sharing options...
Guest Posted November 6, 2002 Report Share Posted November 6, 2002 We are meeting upstairs at the Old Dutch on Sukumvit #23 cnr Soi Cowboy at 16h00 on Saturday if anyones interested in joining us Link to comment Share on other sites More sharing options...
Guest Posted November 22, 2002 Report Share Posted November 22, 2002 r u selling? Where is it located? size? speciality? How much? Link to comment Share on other sites More sharing options...
StoneSoup Posted November 22, 2002 Report Share Posted November 22, 2002 flyonzewall is a sarcastic cynic, not a bar owner. If you want to discuss photography, or the underbelly of farang drug addicts and assorted other low-lifes, he is the prodigal son revisited - a genuine expert. If you really want to buy into NEP, there is a struggling ground floor go-go on the left as you enter, a door or two farther in than Bottoms Up. I have created a partial model of a bar in Excel worksheet format, including assumption areas in which you can select season (high, low, or medium) and also weekly cycle (high, low medium), and also forecasted closures (elections, holidays). The model accounts for all the income categories (drinks, cigarettes, barfines, merchandise, tips, pool table fees, toilet wall advertising), and is well along in accounting for expenses (I have captured maybe 350 out of 650 items) - but the key thing to understand is that income possibilities are limited, but expense items are almost without end - from ice, to check-bin cups, to toilet paper, to light bulbs, to 30 kinds of glasses, to uniforms, to adding machine tape, to "ti nang kaeow noi", to electricty, to contributions to the local police welfare society, to beverage resupply, to Value Added Tax - and 640 other items. The model is serious, but incomplete. For a fee, I will complete it. I do good work - I have already completed paid models of a teak wood exporting company, and of an English language school, and I have created unpaid models of a textile handicrafts business, and of a live web-cam porno business. My company used to sponsor this forum section - I recently shifted my sponsorship to Legal/Social section. "Let the good times roll!" Stone Soup Link to comment Share on other sites More sharing options...
bibblies Posted November 22, 2002 Report Share Posted November 22, 2002 Sounds like you're creating Sim-Bar :: Out of curiousity, what's the variable that most skews profits? Price of drinks, gorgeousness of girls, police bribe, smelliness of bar? (in the struggling one you're talking about, that's a major factor!) Link to comment Share on other sites More sharing options...
StoneSoup Posted November 23, 2002 Report Share Posted November 23, 2002 The simple answer to your question is: headcount passing through. The model uses customers per hour as the key input. The user selects the baseline - let's say the headcount between 7 and 8 pm on a Wednesday night during late October (unremarkable hour, medium night, during medium month). One thing that needs to be extended in the model is to characterize variably the hours between opening and closing times. Anyway, once you have the baseline, then all other customer inputs are modified from that baseline. User decides what are relatively same "medium"' months (maybe September, January, and August), then selects "high" months (November, December?), and all the rest are assigned "low" months. "High" and "Low" have a percentage adjustment factor (from baseline). The same applies to days of week - Friday and Saturday are "high", Wednesday and Thursday are "medium", Sunday-Tuesday are "low". Orwhatever user wants to assign. The key factor in the background is that many costs are fixed costs, but there is no such thing as "fixed income" - at least not in this business. The key is to boost headcount during all low periods. "Happy hour" to boost off-hour headcount. Free food to boost low day-of-the-week attendance. Cellophane miniskirts and free blowjobs to bring in the customers during the dead-as-a-doornail months. If you can raise the income level during all of the low periods - monthly, weekly, daily - then you make money. Or - you have to figure a way to make draconian expense reductions during lean times. Remember what I said about no "fixed income" - well, that is true for a bar operator. What you really want to be is the bar's landlord - ideally work out an arrangement where you get a fixed rental income, plus a percentage of revenues above a certain point. During lean times, you make your nut. During flush times, you make your nut PLUS bonus. "Let the good times roll!" StoneSoup Link to comment Share on other sites More sharing options...
bibblies Posted November 23, 2002 Report Share Posted November 23, 2002 Fascinating subject, isn't it? I want Sim Bar now. How to get customers in, tread the line between keeping them in and getting new ones.. Balancing drinks, girls and barfines.. Link to comment Share on other sites More sharing options...
Guest Posted November 30, 2002 Report Share Posted November 30, 2002 How about an alternative locksmithing service that can drill safety boxes and replace locks (for hotel guests who've lost the keys) for less than B3000? Must be a lot of margin in that. Link to comment Share on other sites More sharing options...
Guest Posted December 4, 2002 Report Share Posted December 4, 2002 The biggest problem trying to run a discussion group like this is to look for a project that will attract enough people to get it going and once thats done to sustain their interest. Consequently what we have come up with is a two tiered Bonus or Hospitality Card which is simply a matter of putting visitors in touch with service providers who offer members a nominal discount on their purchases. Technically its not dificult to do and since we dont intend to charge members nor the service providers it should work. Theres nothing to it , its just a platform where merchants invite visitors to use their services in return for a discount. Members in turn register to qualify, are issued with an ID number and they are then ready to do business. No credit cards, no complications. Once thats working we can then start on the second tier discounts which would need to be negotiated with each merchant on a one to one basis. This to be done by webmasters, tour operators or anyone who wants to introduce a Card of their own which they can sell to their clients. Once again the concept is simple enough. Take a Guest House for example. They could build up a network of service providers who will offer discounts to their guests, to whom they give a card. However if they want to make their scheme more attractive and to add value to the incentives they are offering all they do is affiliate to the national network and offer their guests similar services in Chiang Mai, Phuket and Kanchanaburi. Just an idea but one that could work and a venture which does not need any capital to start up. If anyone is interested in getting involved you are more than welcome to contact me dhost@loxinfo.co.th or to join the discussion at http://groups.msn.com/LOSMasterMind Link to comment Share on other sites More sharing options...
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