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?
