Friday, February 5, 2016

What makes a restaurant successful?





Source: http://cdn1.pri.org
  • KEY ECONOMIC PRINCIPLES I’M ADDRESSING:
    • All choices have an opportunity cost.
    • People respond to Incentives in predictable ways.
  • OVERALL RESEARCH QUESTION:  What makes a restaurant successful?
  • SUB QUESTIONS
    • How does location impact the success of a restaurant?
    • What do restaurant owners have to consider when it comes to competition?
    • What are the general start-up costs involved?
    • How does customer service play a role in the success?
  • RESOURCES FOR RESEARCH:
    • DATABASES: ProQuest, Opposing Viewpoints, etc.
    • WEBSITES:  http://www.forbes.com/forbes/welcome/
    • http://blog.bradleygauthier.com/10-rules-for-restaurant-success/
    • http://www.entrepreneur.com/article/174770
    • http://articles.bplans.com/start-successful-restaurant-guide/
    • OTHER (OPTIONAL):

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