Tag Archive | opening a restaurant

6 Facts to Know Before Investing in a Restaurant

6 Facts to Know Before Investing in a Restaurant

David Steele, the founder and managing partner of the Ne Timeas Restaurant Group in San Francisco, jokes that his role is creating restaurants – not investing in them. “A lot of people assume because I have a background in finance that I’m a rich guy who wanted to buy my […]

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9 Unexpected Costs of Opening a Restaurant

9 Unexpected Costs of Opening a Restaurant

One thing new restaurateurs should always expect is the unexpected – interminable waits for permits, scary surprises behind walls – and if you fail to budget for such expenses, you could go belly up. There are many reasons restaurants fail, but about 80% of those that fail go under “because […]

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Seven Reasons Aspiring Restaurateurs Get Burned

Half of Americans have worked in a restaurant at some point, and a healthy portion dream of opening their own joints. (The number of eateries in the U.S. will soon top 1 million.) Dependable mortality rates are hard to find – a recent study found that 60% of new restaurants […]

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How to Build a Restaurant Empire

So you’ve created a wildly successful restaurant, and you’re just beginning to have some semblance of stability and free time again. Is it time to expand and build another location? At last night’s Culintro panel on restaurant expansion, three prominent chefs tackled that question and more. Danny Bowien (Mission Chinese), […]

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Schedulefly Launches Book about Successful Restaurant Owners

Book contains interviews with twenty owners from all over the U.S. (and one in Canada) who tell their stories and the lessons they have learned about how to be successful in a tough industry. Schedulefly, a leading web-based employee scheduling and communication application for restaurants, announced today the launch of […]

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So You Want to Open a Restaurant?

The restaurant business has a very high mortality rate.  The reason for this high attrition is that many new restaurant entrepreneurs just don’t know what they don’t know about how to go about properly planning and opening a restaurant.  Unfortunately, there are many hidden pit falls inherent in the planning […]

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