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5 Restaurant Partnership Advice You Need To Know | Restaurant Management Tips
Have you ever thought of a restaurant business partnership?
Today, I'm going to give you five practical tips to see if entering a restaurant business partnership is a good idea for you or not. Here are 5 Restaurant Partnership Advice You Need To Know!
Our episode is brought about by an inquiry from one of our followers, John, who's asking about choosing the right business partners.
There are five things we must consider when deciding on a restaurant partnership:
00:00 - Intro
02:22 - Slow down and get to know them
05:55 - Legal matters
10:47 - Clarity of each role and responsibility (written)
15:22 - Location Assessment and Profit Margin Calculation
16:26 - Set clear goals
Watch this episode and see how to pick the right business partners and how to embark on a restaurant partnership agreement.
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