I think its just not good overall because of many reasons. Investors are not really trying to help your business they just trying to get a come up and possibly take over your business
Two people who aren't experienced is just two people clashing while they learn new kings. It's not always bad. But it's bad more often than it's good. But if one person had a background in electrical and infrastructure , and the other has a background in restaurants..... That might be a great team. One maintain the physical building, and the other has energy to focus on the food and customers . Restaurants constantly need oil traps cleaned...... Toilets snaked, electrical maintained or changed.
Gotta pay them. It'd probably work on a loan basis but if you're paying them a percentage of profits and running at a razer thin margin you'll lose money long term.
Should be how much does it cost to prevent a restaurant from closing.
Great video brother thank you !
Well said. Really good point
I opened my smash burger joint near Paris and I made every mistake you described. Thank you for your advices !
how is it going now? I would love to open a smash burger shop here in the us
They're everywhere in the US red Robin even smashed burgers lol@@luisfelipecarreyo883
Awesome video honest to the point no BS.
Great insight, thank you
Beautiful video. Thank you much
Thank you
Great info
Thank you brother
Any time
I have a foodtruck own from 3 years. I build my coustomers. I want to open my own restaurant.
Where are you located?
What city you located? I'll stop by
I have opened my restaurant in brisbane please visit
But why did u say about the business partner being bad
I think its just not good overall because of many reasons. Investors are not really trying to help your business they just trying to get a come up and possibly take over your business
It’s like having a roommate or when things go bad it’s like a divorce. All good at first but…
Two people who aren't experienced is just two people clashing while they learn new kings. It's not always bad. But it's bad more often than it's good.
But if one person had a background in electrical and infrastructure , and the other has a background in restaurants..... That might be a great team. One maintain the physical building, and the other has energy to focus on the food and customers .
Restaurants constantly need oil traps cleaned...... Toilets snaked, electrical maintained or changed.
Start small scale up as you grow
If the food is "good" then why aren't the friends coming back?
Cost may be to high for friends to afford
They can get sick of it and maybe the friends aren’t rich…
Lol, jokes on you bro, I don't have any friends.
OUCH !
🥹🤣😭😭
Same. I do however have bad influences. lol
@@davidkelly4210 hahah, absolutely!
Totally disagree ! You open after doing your homework and location is the key
I will think about this when I open my restaurant # 17 (I just finished building #16 4 months ago.)
Why business partner is a mistake?
Because too many fights and problems can happen. Money problems are the most common one
@@tastychicken3966 find the right partner, problem solved. If you want to stay small do it on your own, if you want to grow build a great team.
Gotta pay them. It'd probably work on a loan basis but if you're paying them a percentage of profits and running at a razer thin margin you'll lose money long term.
Thank you