Thank you for your replies. Chris: no experience working in the food service industry; my background is in finance, so hopefully that will cover the business end of things. Lisa: agreed on your thoughts on bartending/barbacking-- im considering moonlighting as a barback on the weekends at a nearby cocktail lounge. also, can you elaborate further on inventory control procedures? i realize its importance but is there a tried and true method to inventory control? Forgot to mention this but I can't foresee myself running a cocktail lounge long term. I just can't see a cocktail lounge paying the bills as well as finance does but it is something I do love and am willing to sink considerable finances, time, and effort into. Ideally what I'd like to happen is to open a bar, run day to day operations in the short term.. but in the long term, find and train good staff, find a good bar manager, and get it to the point where it can operate without my intervention. prasantrin: I never said the best cocktail bars in America; just "the best cocktail bars here in Los Angeles". I've been to many cocktail bars in Chicago and NYC, including what some consider to be the best around (Death&Co, Milk&Honey, PDT, Little Branch, etc). I'm currently in talks with some folks about how importing alcohol works in Manila-- will let u know what I find out. One thing to keep in mind though-- like I mentioned in my first post, I'm not looking to start the most serious cocktail bar around. Certainly nothing close to the bars previously listed. Manila doesn't have the knowledge, demand, etc for that sorta thing I think... I'm just looking to start a lounge with good drinks, mostly classic cocktails at a reasonable price point. At least in the beginning, I won't be looking to introduce expensive small-batch whiskeys, tequilas, or gins. Simple stuff like showing the differences between say rye whiskey and bourbon, using fresh juices, good ice, etc will be a good start already I think. Certainly no high-brow cocktail geekery here. And excellent point on starting w a sort of "secret club". I envision this bar to be rather small. Something like 500-600 sqft of seating area. Limiting access (especially at the beginning before barstaff gets their rhythm going) will be important.