Businesses that are regulated by state and federal liquor laws include restaurants, bars, wineries, microbreweries and liquor stores. They can be owned by a single person or a corporation, or they can be part of a franchise. There is a lot involved when first starting out in these industries, from deciding how to organize the business structure to negotiating leases and obtaining the proper certifications and licenses. During the life of the business, it is important to know what your responsibilities are as a liquor license holder to avoid violations of Alcohol Beverage Control Law. If you are faced with State Liquor Authority disciplinary proceedings, you must comply with strict deadlines for responses and to prepare for any hearings. When you find it is time to sell your business, it is important that you know how to present your establishment for potential buyers and how to evaluate your business to ensure you are getting what best represents your years of hard work towards building a successful business.
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