Boost your odds of small business restaurant success
August 17, 2015
Michael Rogers, Vice President Communications for the Small Business Association of Michigan, talks with Roger Fields, author of Restaurant Success by the Numbers. Michael and Roger answer these questions:
Most people think that running a restaurant is one of the riskiest small business ventures. What are the facts?
What are the pros and cons of an independent restaurant versus being part of a franchise?
If you want to own a restaurant, what are some key things you need to do in order to lay a foundation of future success?
What are some crucial mistakes you need to avoid?
What do you think are promising restaurant trends right now?
If you have a successful restaurant, when should you start thinking about spinning it off into a franchise?