[fallforward]

-Don't forget to press record
-Record direct to stereo and make the cd's right there
-Use a good limiter so that you can get a good level with out overloading
-Have the CD labels pre printed with your name/business name as the prominent feature.
-Be cool and get to know all the performers
-network for future gigs
-save a copy (archive) of each of the cd's, and advertise that fact to give reasons for the performers to call you, (because they will lose the cd!)
-Buy a decent camera and make DVD's (that already have awesome sound, you will sell a lot more of these)
-Setup a mediafire account (or something similar) and archive the stuff on there that way when people lose their CD and call you for another one, you can just send them the link and be done with it.
-Make the venue pay you as well as the performers.
-Don't expect to make much money from selling copies of CD's, as even my grandmother knows how to burn a CD now.
-Enjoy yourself.
-Experiment with mic usage and placement
-Tape down cables in traffic, especially power cords (I am not concerend as much with people tripping as I am with losing power, though I don't imagine being sued is very fun! [touch wood])

*breath*

I have done this at a few different places and managed to get some decent gigs out of it. They were successful for me because I treated it as getting paid to practice and network, it was a bit of delayed gratification i guess. IMO, if you have that same mindset you will be successful too!