In a perfect world, any potential Licensee would own the property that they were going to run and had the option to purchase all their products from the most competitive supplier, but, just in case you hadn’t noticed, we don’t live in that perfect world, so we usually need to compromise!
This means that if you can’t buy the licensed premises outright, you may have to Lease, become a Tenant or become a Manager.
So, what’s the difference? Simply put:
- Freehold: you own the property and the business.
- Leasehold: could be 5 to 20 years; you pay rent to a landlord.
- Tenancy: a short-term agreement, could be 1 to 3 years; you pay rent to a landlord.
- Managed: you are an employee and paid a wage, sometimes with incentives.
Which one is best for you will depend upon your circumstances. Whatever they are, use a company like Knight Training (UK) Ltd to initially get some free advice.
People from all walks of life entertain the idea of becoming a pub manager. Many are current or former bar staff. All are familiar with their local pub, see the level of custom, and recognise that the role is one with many positives.
Between the friendly atmosphere and the brisk business, it’s an attractive role. But what do you need to know to make a success of it?
As the UK’s premier provider of licenced retail training, Knight Training has much more to offer than simply the Level 2 BIIAB Award for Personal Licence Holders. (But don’t forget that one – it’s essential before you apply for your personal licence!)
We particularly recommend two popular courses. Essentials of Pub Management is a great way to go from bar staff to management, covering fundamentals with E Learning courses in theory before a three-day course which tackles essential practical elements, from cellar management to finance management and pricing. Legal essentials from food safety through to contract and employment law are also handled.
Also very popular is the simply-titled How to Run a Successful Pub. This course ties together the Personal Licence Holder award with three other courses. Running over five days, you’ll learn more about cellar management and beer quality. You’ll also receive our Licenced Hospitality Operations course, tackling everything you need to know about managing staff, maximising income, and retailing responsibly.
We can also help you with personal and premises licence applications and much more. Our goal is simple – we want all our students to finish our courses with a solid grasp of the fundamentals of their profession. We give you the tools you need to set yourselves up for success.
If you’d like to know more, don’t hesitate to get in touch. We’re always happy to help.