Home Tourney Structure

[PShabi]

Hey guys,

Every Thursday I have a home tourney at my place. It is usually played 5 to 7 handed. Just a $20 buy-in. Usually winner takes but 2nd sometimes gets a refund depending on # of players.

Anyway, was wondering if anybody would care to give me an idea of how you would structure the game. Obviously, I've got a structure in place already, but I'd like to compare.

We don't get started until 10 or 10:30 and I've got to get up early so we dont' want an all nighter. However, we don't want to see people busting super early either because we are all friends and you know it sucks to go out first. If we're done in 4 hours, that's good for us.
So,

1) What would you do starting stack wise?

2) Give me the different blind levels you would use and how much time before they move up?

Offer any othe feedback or ideas you may have.

Thanks,

Phil