8 Questions To Ask BEFORE You Open Your Restaurant FDP18

(Recorded Sunday, May 24th, 2020) - On March 15th, 2020 the US Federal government imposed a mandatory closure of all restaurant dining rooms across the United States. Within 42 days, $150 Billion would be wiped from the market capitalization of US publicly traded restaurants. Independent restaurant owners and operators have been forced to get real Darwinian and either adapt, migrate, or perish during the single largest global economic event in the last 100 years. What Nassim Taleb would call a "Black Swan". Unemployment is headed towards Great Depression levels and we are standing at an inflection point never experience by the Restaurant Industry. If you found this podcast that means you are searching for answers - well, I'll do you one better and give you some QUESTIONS to answer yourself that will provide a new mental framework to make tough decisions, create a stronger game plan, and even increase market share. Grab a pencil, and maybe a stiff drink; and follow along with the 8 QUESTIONS To Ask BEFORE You Open your restaurant.  This episode was inspired by Jim Sullivan's fantastic article "10 Ways Foodservice Will Change Post Coronavirus" found here: https://sullivision.com/10-ways-foodservice-will-change-post-coronavirus/ Thanks for watching or listening! -David P.S. Follow me on Twitter @FoodservicePod If you’re LISTENING to the Podcast, head over to YouTube.com and search "David Layton FDP" for the videos! Find The Foodservice Distribution Podcast on Spotify, Apple, Anchor, Breaker, or wherever you get your podcasts!  If you would like to be on the show, or know someone who would like to be, email David at [email protected]