Transforming Your Good Restaurant into a Successful Business

Great read, Jim. Thanks.

Jim Balis' Blog

One of the most common occupational hazards for restaurant owners is getting so caught up in the day to day minutiae of operating their restaurants that they lose sight of the big picture—which should be turning their restaurants into successful businesses. The skills that are required to run a successful business are not the same as those required to run a good restaurant, and it’s for that reason alone that many new restaurant businesses fail. They may have a great idea, but lack the business skills to transform that good restaurant idea into a great business.

Being the CEOVs. the EmployeeRestaurant Owner

One of the biggest reasons that restaurants fail to thrive is that the owner is too busy doing the tasks of an employee to make the strategic decisions required to move the business forward. While the “employee”owner is likely working right alongside…

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