08/24/2009
Small Capacity Banquet Facilites
Small Capacity Banquet Facilites business.
Business Overview
Small banquet facilities that are suitable for a 100 guests or less are becoming very popular. Starting this type of business just might be the answer to the question of what type of part-time and potentially profitable business can I start? You can get started by leasing a suitable commercial location and carrying out the required renovations and leasehold improvements to turn the space into a small banquet room. The facility will require washrooms, a small well-equipped commercial kitchen that can be utilized by outside caterers, and fixtures such as tables and chairs. These types of small banquet facilities are perfect for corporate functions, social and family functions, weddings, awards ceremonies, stockholder meetings, and seminars. The goal is not to become an event planner or host of the banquet, but to supply a well-equipped and comfortable location for clients that wish to rent an event location. Basically, you rent clients the location and equipment they need to host their event. Market the banquet facility by establishing alliances with catering companies, event and wedding planners, corporations, social and business clubs, and local charity groups. It will not take long until the banquet room is booked well in advance by repeat clients and clients who have heard about the service word-of-mouth. Be sure to check with and conform to local building and health codes when establishing the business. You will need a health board license for the kitchen, on-site fire and safety equipment to meet fire codes, and perhaps a liquor or beer and wine license as well.
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