Are you a people-person that lives by night? If yes, starting the urban nightclub idea might be the business opportunity that fits you perfectly. Finding the right location, creating and promoting your modern brand will be crucial for your success. Set up a good branding strategy, and your business idea will naturally get popular!
01 Startup Financing
Business Titans will help you to choose the best-matching financing method to your situation and to prepare you to get a good deal with the right partner. Speak to us about your idea and situation and get a free proposal how Business Titans could help you. Below is a preview of few possible financial solutions for your business project.
1. Bootstrapping: The right and wrong ways to set up your Startup with your own money.
2. Equity Partner: Money from equity partners can be good or bad for your project
3. Bank Loan: Be prepared for the tough due diligence checks of the banks. Get help for Due Diligence and KYC.
4. Friends and Family Loan: A sensitive topic with many attention points.
02 Business Planning
Business Planning is a continuous process of assumptions, risk assessments and revisions. It is not about the Business Plan but about the thinking process while you are setting up a new venture. Any serious business partner will challenge your assumptions and assessments. With Business Titans you get a diversified and professional sparring partner to brainstorm and starburst your business model until it is waterproof.
We help you to get the documentation you need in the right step with the right quality and format. Equiped with Business Titans certified documents, you will stand off in any forum.
03 Weekly Coaching
When the financing step is done and your business documentation is complete, it's time for action. A Senior Consultant will be accompanying you in a weekly personal coaching session through the milestones of your business. Your Consultant will check for examples and inspirations that match your unique situation. You will be supported with a personalized feedback to every aspect of your company: Legal setup, marketing plan, budget management, business development steps, sales pipelines, recruitment needs, product development, etc.
Business Titans will push you to achieve your milestones, stay in-line with your Business Plan and make you aware when and why a revision is required.
Check Out our New Starter Kit!
Strategy Roadmap - Your compass during the startup phase (6 pages pdf)
- Tools of Business - A collection of 80+ tools for any entrepreneurial situation based on 6 years of trial-error experience and lessons learned (14 pages pdf)
- Smart CEO Guide - Ways to raise efficiency and stay focused on the Strategy Roadmap (15 pages pdf)
- Social Media Marketing - A checklist with industry-standard best practices on social media (3 pages pdf)
- Customer Journey Stations - A one-pager exercise guiding you through the critical moments of dealing with customers (1 page pdf)
THE BUSINESS IDEA
If you are outgoing and know the night-scene better than anyone, the nightclub business idea was meant for you. Nightclubs work the best when set up in urban areas. Therefore, finding the perfect location for your nightclub business idea will be one of your most important decisions. If it is located where traffic of potential nightclub goers are, your promotion work will be much easier.
An urban nightclub is not an easy business to launch, you will have to invest a high capital to rent or buy a property, equip it, hire qualified staff and fulfill all the licensing and regulatory requirements.
Successful nightclubs are the ones that attract multiple customer segments. Keep in mind to have a diverse array of offers to appeal to many people.
Most of your target customers will be young party people. Among those potential customers, you may attract the upper-class patrons, the hip and dance aficionados, or the high-tech lovers depending on your branding. All will depend on the tone of your brand and location.
- Social Media: Your audience will be tech-savvy and very present on social media. Take advantage of that and regularly post promotional pictures and videos.
- Email Marketing: Your mailing list can be one of your strongest marketing tools. Create promotional campaigns, plan tickets give-aways, and grow a large pool of followers.
- Special Events: Build further awareness for your nightclub by hosting plenty of events throughout the year. You will be able to target groups that might not usually go to nightclubs.
The startup cost of an urban nightclub is important, but greatly depends on your chosen location. You will also have to think about the equipment and decoration budget, the staff to hire, as well as the licensing requirements of your city. Business Titans can support you in planning and promoting your business idea.
THE KEY BENEFITS OF THIS PROJECT
- You will be able to meet many interesting clients and earn money at the same time.
- The promotional possibilities are endless, from social media to special events.
- A nightclub doesn’t need to be just that. You can rent the space during the day or host other events!
- This is a dynamic industry where you will never get bored.