Posts Tagged ‘location’

two cents: two brothers, a location &
a restaurant

My brother and I own a local restaurant that we started last year. The location turned out not as great as we thought. We found the perfect site but the current tenant wants the equivalent of three times the annual rent value to leave. I’m not sure this is a smart financial decision. However, my brother is convinced it’s the right opportunity for us. Should we go ahead?

two cents: new franchise.
location ‘unknown’

My partners and I want to bring a Smoothies & Sandwiches franchise to Kuwait, but not sure on location. A mall brings in traffic, but rent is expensive and competition is intense. What if we follow the ‘Blue Ocean Strategy’ and open it away from competition to gain competitive advantage? What are your thoughts on that?