Celebrity chef Bobby Flay's No. 1 tip for starting your own business

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Celebrity chef Bobby Flay's No. 1 tip for starting your own business investinyou (In partnership with acorns.)

div > div.group > p:first-child"> For the restaurateur's first business in 1991, he teamed with businessman Laurence Kretchmer to open Mesa Grill in New York. Fame soon followed, as the entrepreneur opened more eateries, became a TV personality and authored a number of cookbooks."My No. 1 tip for somebody to open their own restaurant is to be overcapitalized and overpatient," he said.

The median cost to open an independent restaurant is $375,000, according to a survey by RestaurantOwner.com, an online site for restaurant operators.The original Mesa Grill in Manhattan, which stayed open for more than 20 years, ultimately closed in 2013 after the landlord quadrupled the rent, Flay has said. His Las Vegas location, which began serving in 2004, is still in operation.

Flay clearly made decisions that he thought would benefit his overall business. His holdings currently include six restaurant names across the U.S. The chain Bobby's Burger Palace alone has 15 locations.From a new home to medical care, here are some important savings goalsHe also spends time in front of the camera, hosting TV shows like"Bobby Flay's Barbecue Addiction" and"Brunch @ Bobby's" on the Food Network.

 

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Small Business Success Tips In The Age Of DisruptionSmall businesses are a major driver of progress and innovation, accounting for 44 percent of U.S. economic activity. They are our neighbors – the baker, the builder, the banker, the stores that provide for our everyday needs and the startups that create solutions to drive our nation forward. A good read. Hey! Check out our page to get insights of customer services, sales, marketing, and businesses.
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These are the 10 best big cities in America for starting a businessThree Florida cities are among the five best large cities for starting a business, according to a new WalletHub report, while New York City and Los Angeles don't even crack the top 25. MakeIt Depends on the business.. for acess to VC funding and potential to scale LA, SF, NYC and Seattle sure would be better choices then Orlando. If you want to start a cookie mom- and pop shop or even a restaurant chain perhaps it's a different criteria
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This CFO couldn’t get hired at 61, so he started his own business — and hired lots of seniorsThis CFO couldn’t get hired at 61, so he started his own business Isn’t that what becoming a consultant basically is? I think senior is the wrong word here. How about people his own age. Stop this. He is the Scumbag CEO.
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