How to Get a Competitive Advantage For Your New Restaurant
4 Min Read By Ross Kimbarovsky
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If you’re thinking about opening a restaurant, you’d be joining a huge industry. There are more than one million restaurants in the United States and the industry projects $863 billion in sales in 2019.Who can blame you for wanting a small slice of such a big market?
And, although many people think that the restaurant industry is dominated by franchises, 70 percent of restaurants are single-unit operations, according to the National Restaurant Association.
Still, in the food business, you’re competing against everyone, and it helps to have a competitive advantage.
Here are three things you can do from the start to get a competitive advantage for your new restaurant business.
1. Develop a Consistent, Reliable Multi-Channel BrandEven if you’re running a brick-and-mortar…
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