Startup bingo how to#

For best results, select individuals who speak clearly and have superior customer service skills.Įstablish business hours, the specific types of bingo games that you will offer, the cost for playing and prize payout amounts.Īdvertise the business through electronic and print media. If you offer snacks, secure applicable permits from the local health department and design and set up the concession area. Purchase all necessary furniture and equipment, such as chairs, long tables, bingo cards and markers or electronic bingo cards and other necessary supplies. This generally includes a bingo blower, a sound system for calling numbers and one or more large display screens for displaying numbers.

Startup bingo how to#

Also consider parking needs, restroom facilities, concession sales, if applicable, and the space required for traditional bingo parlor equipment. You will learn how to how to raise capital, manage startup, how to establish a location, how to market your Bingo Hall, and how to maintain your day to day. One of them is what I’ve come to call VC Bingo When two Venture Capital investors meet, e.g at conferences like WebSummit last week, they usually start the conversation with a few. Take into consideration the size and space that you need to accommodate the anticipated number of customers you plan to attract. A commercial real estate professional can assist in this area.

Visit potential sites for running the bingo parlor and select a location. If traditional funding is unavailable, contact your local Small Business Administration office or state Small Business Development Center for guidance on alternative business funding options. For best results, look to financial institutions that specialize in business lending. Take into consideration costs related to renting or purchasing a building, utilities, insurance, equipment, staffing, marketing and advertising.Īpply for business start-up funding, if necessary. The business plan should include details about the financing required to start up and operate the business. Develop a comprehensive business plan that outlines fundamental information related to how you will operate the bingo parlor.