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A little rant

Amex sends me a booklet that I got in the mail yesterday. It was titled, "How to survive and thrive in the restaurant businessin today's economy." (or something like that.) Amex giving me advice about a restaurant?????? Maybe I should send them a booklet on how to run a credit card company.
Reminds me about the local restaurant association here. It's president is a business broker who specializes in restaurants and bars. He has absolutely no experience in running a restaurant but he is always printing articles on how to run a restaurant and menu ideas, etc..
Seriously, people should know their roles and stick with what they know.

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The BAF Group LLC

Agreed. I can't believe the Restaurant Association would allow that. (Not that I am doubting you.) The Maryland association will not even allow Brokers (like me) to have anything but an "Associate Membership", as I recall. And I would never argue that. When I ran a restaurant, Amex was the slowest to pay and most expensive to use; I don't know if that has changed.

I have the same problem with Residential Real Estate Agents who think they are Business Brokers, but have absolutely no background in business, at all. I don't sell Residential Property, even though I am licensed to do so; I have no practical experience in it. Or, for that matter, I am bugged by Business Brokers who have never owned an business or have any backgound in business management, but they are going to tell you "how it is", in buying a business.

Thanks, John. Have a nice day.

Feb 23, 2010

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