The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 7 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Brands should only franchise to established multi-unit operator groups
“That's actually a much better idea is you only franchise to groups with multiple other stores. That are running really good operations where this is exactly what they do, where when you give them the store and the training manuals and everything, they're going…”
Oganesyan: Restaurant operational excellence requires fast throughput on long lines
“What shows like a true quality of a restaurant is having a long line, but getting through it really fast, because that means you have, besides having a lot of customers, you have really good operations. You're able to get all these customers, their food, In, i…”
Oganesyan: Scalable franchise concepts cannot require franchisees to bake fresh bread
“If we're going to be a franchise concept, you know, you can't ask your franchisee to make their own bread.”
Oganesyan: Major press before operations are ready harms a business
“We knew as much as a Farley article would help us, if it came at the wrong time where we weren't ready for it and we got an influx of customers and we couldn't serve them, then it was actually going to be detrimental to us and not help us.”
Oganesyan: Scaling restaurants is almost impossible without experienced partners
“The amount of, like, overhead you need, the training, the Scaling. It's almost impossible to do, I think, if you haven't done it before or have people with you that have done it before. It can be really easy to mess it up.”
Founders should prefer 10% of a cow over 100% of a grape
“No, you know, what's funny is we had this understanding of like, you would rather own, let's say, 10% of a cow than 100% of a grape. So, you know, you would rather own 25% of a store than 33% of a pop-up. So, to us, it wasn't how much, what was the percentage …”