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Succession Strategies for Restaurant Owners: Safeguarding Your Legacy 

Modern Restaurant Management

Within weeks, his corporation declared bankruptcy, leaving 500 employees wondering if they would keep a job and putting $30 million dollars of sale volume at risk for the brand. If you do not have someone you can groom to take over the leadership role and acquire the store, it may be time to get a valuation and consider selling the business.

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The restaurant industry needs to step up for women. We asked four leaders how to do it.

7 Shifts

Everyone wins when employees are comfortable bringing up issues before they get worse. “I Check with female employees about how you can help them reach their full potential. When the criteria for how employees rise in the ranks are clear, there is less room for favoritism or bias. Put women in leadership roles.