Family-based restaurants need strong financial planning
Family-owned businesses possess many strengths, such as their ability to look at the long-term development of their operation and align interests between management and owner. This is especially true of “owner-operator” structures often seen with independent restaurant operators. However, restaurant owner/operators also face some challenges, such as how to objectively evaluate performance and capabilities and...
Family-owned businesses possess many strengths, such as their ability to look at the long-term development of their operation and align…
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