You finally open up that restaurant of your dreams. You’ve been working in other industries and finally decided to take that leap into restaurant ownership. Or maybe this is your next concept and you’ve seen the success of similar cuisines in your industry. Or maybe you’re a chef who is finally excited to be opening up his or her first restaurant.
You think to yourself, “I can do way better than this person. I could blow them out of the water and they wouldn’t be able to compete with me!”
This mindset is a dangerous one to fall into because there are only two ways to truly compete against another similar concept. Do you know what they are?Read More