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Owning a Restaurant 4 Things to Consider

Owning a Restaurant: 4 Things to Consider

Do you have a passion for running a successful restaurant establishment? Being a restaurant owner can become a significant life achievement goal. You can simply build a restaurant from scratch or save money by purchasing one that’s already established. However, in the back of your mind, you might be wondering if you’re making the right …

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Due Diligence Mistakes When Purchasing a Restaurant

Due Diligence Mistakes When Purchasing a Restaurant

The most common mistakes seen when people get ready to purchase a restaurant is that they don’t fully understand the due diligence process. You may wonder what this is, and why it is important. If that’s the case, you are in the right place. Due diligence is done to help confirm that the items learned …

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Quality Trumps Price in Value Equation

A Surprisingly Large Number of Consumers Say They Care More About Restaurant Food Quality Than the Price Tag… <div> <a href=”//ad.doubleclick.net/N3834/jump/resthosp.home/trends/eat_beat;pos=180_1;ptype=article;page=/consumer-trends/quality-trumps-price-value-equation;sz=180×150;tile=1;ord=123456789?” target=”_blank”> <img src=”//ad.doubleclick.net/N3834/ad/resthosp.home/trends/eat_beat;pos=180_1;ptype=article;page=/consumer-trends/quality-trumps-price-value-equation;sz=180×150;tile=1;ord=123456789?” border=”0″ alt=”” /> </a> </Quality, freshness and choice—in that order—trump price as key indicators of value for many restaurant customers, according to research by the NPD Group. Two of the largest …

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