You’re thinking about opening a bar — but don’t know quite where to start. It seems like there is so much to do, and your head starts spinning every time you try to begin making a solid plan. Don’t worry: you are not alone. All founders of any kind of business start in this same spot.
You’re finally going to do it. You’ve done the 9 to 5, and you’re only going to take orders from one person for the rest of your working days: you. Owning and operating a restaurant franchise can be a lucrative business with the security of an already established brand. While your passion and drive are
Opening a restaurant is tough. According to a study conducted by Ohio State University, 26% of new restaurants fail in the first year, and 80% fail within their first five years. There are variety of reasons surmised for these disturbingly high statistics — from inexperience and poor customer service to larger economic woes and the
Opening a restaurant is a very big endeavor. You’ve secured financing, finished your market research, and developed a restaurant business plan. So, what’s next? Some details may vary depending on your size and location, but every restaurant has a long list of details to be handled before your opening day. Divided out by time and
Whether you’re finally fulfilling your lifelong dream or hanging drywall at your fifth location, nothing beats the Boy Scout motto: be prepared. Opening a restaurant is no easy feat and requires a massive amount of coordination and planning to go off without a hitch. It’s not enough to have a vision; you need to have