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Top Chefs on Opening Shop

Top Chefs on Opening Shop

Stacy Perman, John Tozzi, Nick Leiber | Business Week

So you want to open your own restaurant despite the bad economy? While it may be one of the most rewarding business ventures, it is also one of the riskiest. Conventional wisdom holds that nine out of 10 new restaurants fail during their first year of operation. Although that rate has been debunked, the fact is, opening a restaurant isn’t always what it appears from the outside looking in.

With that in mind, BusinessWeek sought out top chef-restaurateurs who’ve earned rave reviews and awards, respect within the foodie world, and perhaps most importantly—enduring business success. Flip through this slide show to read edited excerpts of their advice on opening a restaurant now.

View the slideshow by scrolling through the pages below.

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