Restaurant Punk

Grow or Get Better: Balancing Expansion and Refinement in Business


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After several years – or maybe decades – in your industry, you may begin to find that business opportunities are seeking you out more than you’re actively looking for them. When that starts to happen, how do you know when it’s time to slow down and focus more on refinement than on growth and ‘just getting it open?’ Nikos, Liz, and Leah are weighing the pros and cons of rapid expansion and answering questions, including:

  •  How can you tell you need to take a little more time to open to get it right?
  • What are the consequences of opening a business before you’re fully prepared?
  • How can you balance launching efficiently with doing things properly or perfectly?
  • At what point should businesses consider prioritizing refinement over growth?
  • Do you create a checklist when you’re opening a new business?
  • What would you do differently when opening your next business?

#licensing #newbusiness #businesschecklist #opening #kararestaurantgroup #restaurantpunk #businessowner #hospitality #hospitalityindustry #serviceindustry #restaurant #restaurants #restaurantindustry #smallbusiness #businessgrowth #entrepreneur #entrepreneurship #business 

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Restaurant PunkBy Kara Restaurant Group