Making the decision to start selling liquor can help your restaurant to stand out from its competition. However, there are many laws and regulations that must be followed if you are to be approved for the license to sell this substance. If you have never been through the process of obtaining a liquor license, you may greatly underestimate this process.
What Happens If You Fail To Get The Liquor License Before Selling Alcohol?
Sadly, there are some people that will fail to appreciate the importance of obtaining a liquor license before selling these beverages. If it is discovered that you are selling alcohol without the appropriate license for your restaurant, you may find that your enterprise is forced to close by the government, you may face arrest and very expensive fines. Due to these serious and severe consequences, you should always follow the appropriate steps for ensuring that your restaurant has the proper license to sell alcohol before you add these beverages to your menu.
Why Would You Want To Retain Professional Help With Obtaining The Liquor License?
There are many professional services that will help restaurant owners to navigate the process that is involved in obtaining this type of license. Unlike other licenses that may simply require you to take a test or pay a fee, the process involved with getting an alcohol license can be much more complicated as there may be public hearings, many documents to file and questions to answers. If mistakes are made during any of these steps, you may find that your license application is denied or significantly delayed. When you are working with these services, you can avoid these mistakes as they will handle the various steps involved in this process on your behalf.
Will Selling Liquor Impact Your Restaurant's Insurance?
Once you obtain the proper licensing, you may need to contact your restaurant's liability insurance provider. When you make major changes to your restaurant, it is necessary to notify the insurance. This is particularly true for restaurants that are starting to sell alcohol as this can significantly increase the liability of the enterprise. In order protect your enterprise from these potential liabilities, you will need to be sure that your insurance policies cover alcohol-related incidents. While there will be an added cost to your insurance policy, the additional revenue from being able to sell alcohol may serve to compensate for these additional expenses. Also, you may be able to deduct this insurance cost as an operating expense. Click here for more info on liquor licensing.