This course is designed to provide the solid understanding of real estate concepts that will play a key role in the professional development of a food business leader--particularly pertaining to important concerns of a new business. This will include decision making processes for determining business location, and evaluating lease or purchase agreements. Key information will be provided by faculty, guest speakers, and course materials to develop a solid understanding of ascertaining overall short-term and long-term capital needs. The course will include key approaches for evaluating a variety of corporate structures, investor relationships, and partnerships necessary to support a growing business. Learners will practice business strategy development in these areas.
Prerequisites
Orientation and Cohort Formation (MFBS-501A), Ethical Leadership in the Food Business (MFBS-530), Business Fundamentals (MFBS-500), Legal Strategies & Challenges for the Restauranteur (MFBS-540).
Corequisites
Marketing and Brand Strategies for the Restaurateur (MFBS-560)