Also known as virtual kitchen, shadow kitchen, commissary kitchen, cloud kitchen or dark kitchens, ghost kitchens are meant to address the demand for off-premise restaurant dining. In 2018, consumers spent $10.2 billion on orders through third-party delivery platforms like UberEats and GrubHub, according to Technomic. Most operators launch a ghost kitchen to capture more of the hot delivery segment. U.S.
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Discussions of Why Economics Matters to Entrepreneurs Entrepreneurship is seeing some great popularity at universities these days. The concept of entrepreneurship has been in our modern society for thousands of years and in the history of economic study. But we somehow delegate the subject and learning of economics to the academics and policy makers. Almost never are the two subjects
Read moreEntrepreneurs + Risk Capital + Low Taxes = Economic Growth For nearly every entrepreneur, access to private equity capital, or risk capital, is a key ingredient to successful business growth. For a business to grow it needs to be nurtured in an environment that supports entrepreneurial capitalism. “Capital is like oil; it’s stored energy. It’s the fruits of someone else’s
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Few words are as abused in the lexicon of the business world, as ill defined in the management literature, and as open to multiple meanings as entrepreneurship. The concept of entrepreneurship has been in our modern society for thousands of years and in the history of economic study the word has been overused, and in some cases underused. Carl Voigt,
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