Attorney Michael Zalay compares traditional restaurant leases with management agreements, highlighting the pros, cons, and legal implications of each model.Takeaways:Decide who owns the space, licenses, and payroll obligations.Understand that leases offer higher upside, but carry higher risk.Use management agreements for lower-risk growth opportunities.Want to connect directly with industry thought leaders like today’s guest? MAJC has built a community of hospitality professionals, where insights and tools help drive sustainable, profitable businesses. To get early access to the MAJC community, sign up at www.MAJC.ai.

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