Lord-Barrington
Distinguished Member
- Joined
- Sep 20, 2010
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It's a rough business but I think the Slate article doesn't paint a picture of the food service industry as a whole so much as it does the picture of two idiot yuppies who thought they could open a wildly successful cafe because they had "great taste" and passion.
The restaurant business is like any business: If you know your numbers and if you know your market, you can have success. The only place where it really becomes a whole different ballgame is in the ultra high-end sector where your diner to staff ration is 1:1 and you have to make your profit from recipe books and speaking engagements, El Bulli style.
The restaurant business is like any business: If you know your numbers and if you know your market, you can have success. The only place where it really becomes a whole different ballgame is in the ultra high-end sector where your diner to staff ration is 1:1 and you have to make your profit from recipe books and speaking engagements, El Bulli style.