SBDC

11/06/09- Why Now is the Time to Open a Restaurant

Published November, 2009

Why Now is the Time to Open a Restaurant

Rents are dropping, talented chefs are up for grabs and, most important, smarter diners are looking for value, not glitz.

By Regina Schrambling

Entrepreneur Magazine

Last year, Philip Hoffman did something most people would call crazy in this economy:

He opened a restaurant...

Jim Pohlad inherited a failing team--the Minnesota Twins--on the verge of disappearing from baseball. What saved it? Thinking like a small business.

Federal Reserve Chairman Ben Bernanke is urging banks to lend more to small businesses, which employ at least half of American workers.

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