Although restaurant owners consistently display these positive characteristics, it's no secret that many new restaurateurs find themselves faced with moderate and even severe challenges in turning their restaurants into successful businesses. There's a lot of truth in the statement, "opening a restaurant is the easy part, the real challenge is making money at it."
One of the main occupational hazards of owning a restaurant is getting buried in the minutiae of daily operations. As we'll explain, when owners get caught up in the details of running their restaurant, they can easily lose sight of what they, as an owner, should be doing to turn their restaurant into a profitable business.
In this article, you'll learn how to "promote" yourself to becoming more of a CEO (chief executive officer) type of owner. In short, you'll see how to keep your eye on the big picture and create a system that will ensure your restaurant operates the way you want it to, without your constant involvement in attending to each and every detail. You'll also learn what type of activities you, as an owner, must be focused on to achieve any degree of sustainable success.
The potential benefits of becoming a CEO type of owner are significant and will have a profound impact not only on the financial performance of your restaurant but on the quality of your lifestyle as well.
As more of a chief executive owner, your restaurant won't be totally dependent on you being there all the time, so unlike many restaurant operators, you'll be able to have a life outside of running your restaurant too. In