Myths of Restaurant Ownership
I firmly believe that one of the reasons the failure rate is so high in restaurants is that there are a lot of people who start new restaurants that have no idea what they are getting into. They hear the hype, often times promoted by someone who is selling a new book […]
Entries Tagged as 'entrepreneurship'
Myths of Owning a Restaurant
February 5th, 2008 · 1 Comment
Tags: entrepreneurship · attitude · be prepared
Top 5 Reasons Most Restaurants Fail
September 14th, 2007 · 4 Comments
It’s been said that the failure rate of restaurant is higher than any other business you can open. A recent study said that only 5% of restaurants will still be in business in 5 years. It seems so wrong. With people dining out more than at any other time in history, why […]
Tags: entrepreneurship · be prepared · business plan
Small Business Owner or Entrepreneur
September 12th, 2007 · No Comments
The oft quoted Seth Godin wrote an article titled So, what’s wrong with small business?, that talks about the differences between a small business person and an entrepreneur. He talks about the idea that entrepreneurs try to build businesses bigger than themselves. They have big visions, and build big wealth producing businesses.
Small business people, while […]
Tags: entrepreneurship · attitude
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