Part 3 of 3 - Do You Know The Three Ideas To Keep An Investor Mindset And Position Your Restaurant For Success?
In the past two months (Part 1, Part 2) we have covered the two crucial ingredients for restaurant owners and managers to position themselves for growth and success.
First, we talked about the Third Financial Statement and that 59% of restaurants fail within the first three years due to not understanding and using this crucial tool.
In our most recent article, we talked about the importance thinking like an investor matters, the second most important part of preparing for restaurant success.
Today, we will unfold the 3 WHYS for keeping that investor mindset, positioning your restaurant for success, and how you can answer the well-known question, “When will I get my investment back out of my business?”