Afterwards trailer ÁMy buddies owned this building

Afterwards trailer

ÁMy buddies owned this building. There had been a restaurant there years ago but it had been mismanaged. And somehow the idea of starting another one came up. At first we were clowning around, yucking it up over a few beers, but then we started getting more serious. Bob made use of the infant, but still helpful internet of 1 Carl used lower tech methods to estimate his market. I spent 15 days from 4:00 am to 11:00 am counting cars at that intersection. I figured if we could get a big enough percentage of them to stop weÁd be in business. Bob used a book called, The InsiderÁs Guide to Franchising Webster, B. 1986 Amacom, New York to help him review his offer. Carl was mentored by a successful friend in the restaurant business who helped him think things through. They developed their business plans and opened their doors. The first year was tough for both businesses. Miscalculations and errors afterwards trailer both owners reeling. At first Carl knew nothing about preparing and serving food. ÁThe restaurant was overstaffed and overpaid. I felt held hostage by the people who worked for me. Things afterwards trailer pretty shaky there for awhile. Some days I wondered if we could open the doors. Á Bob got overwhelmed with paperwork and screwed up his accounting records. ÁPlus I went crazy at Vendormart. I bought four times as much inventory as I should have. Nowadays the franchise pairs successful stores and newbies so that doesnÁt happen, but those safeguards werenÁt in place back then. Á In September BobÁs store will celebrate its tenth anniversary. It has been recognized three times among the Top 30 Most-Improved stores. In February and June of this year his store was number 2 out of 320 in overall sales. Carl was advised that heÁd know if the restaurant would make it within four years. It was clear after three that theyÁd be fine. Today after seven years theyÁre looking to expand. ÁWeÁre not getting rich but weÁre self-supporting, and the relationships are priceless. Á What advice do they have in hindsight for Dean and others like him? Bob says, ÁFind what you love and create your opportunity. Be willing to changeÁbe retooled. DonÁt get stuck in a rut. And you gotta have another source of income when youÁre starting. Á Carl adds, ÁWe grossly underestimated the working capital weÁd need. And if I had it to do over IÁd own the building. There are improvements IÁd like to make but IÁm restricted by the landlord. Á So back to Dean, whoÁs looking at buying an existing restaurant business, if he doesnÁt decide to return to marketing. Where do you want to be in a year? What will you say when I check back with you? ÁI made the right choice. IÁm doing exactly what I should and IÁm excited about it.