The key to making sure this works is to understand your own numbers inside and out, and have some systems in place that you can train your managers in, rather than teaching them the business from the ground up.
That said, another option would be to find a "great jockey," meaning someone who knows your business or industry and who may even have their own clientele. For your industry, that would mean hiring a great chef or bartender who is ready to run his or her own business, but who may be looking for a "horse to ride" so to speak, or an opportunity to see first-hand exactly how to run a successful business.
Pay that person an incentive or some type of fee on top of a wage or salary, and be careful about getting into any kind of partnership or arrangement that gives away portions or percentages of your company.
Honesty and integrity can be hard to find in any industry, but if you can work out a deal that gives the person you're looking for an incentive to do well and build the business while you retain control, you should be able to make your venture work. Just remember you must know your company's numbers better than the people you're hiring. When you do, you'll be able to help manage those numbers through your managers or the "jockey" you choose to hire.
Perhaps you'll find your injury to be a blessing in disguise, forcing you to learn how to truly run a business without actually being "in" the business for hours and hours every day, and most days of the week.
Related: Build Your Management Team
Related: Seven Steps to Superstar Employees
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Comments:
well you need to attend the industry meeting, talk to one and two people, they would help you.
I found this article in an attempt to see if there was some sort of a short term lease with minimal or no initial outlay where I can put all my efforts in to gain a profit & confidence to officially go into business for the long term while maintaing the business outgoings for the owner and keeping it from collapsing until the owner is able to take over again.
I think the question to ask, “Is it better to have a smaller percentage of a larger amount of revenue or 100% of a smaller amount of revenue?” The author warns against giving up part ownership in the business but I think otherwise. If you find someone that has the ability to run and propel your business to success, part ownership may just be the carrot they need to grow your business exponentially and should be considered. A good partnership requires a good partnership agreement. See the basis of a good partnership agreement here http://www.partnersindemand.com/Partnerships_in_Business
You first need to come up with and notification that you need someone to run your business, and in that notification you need to put some conditions for those candidates that will come to you, so they have first to fulfil those conditions like: their experience, educations ect. After that you can put them one some test or interview's, and you will chose one of theme. But the problem will be on trusting some one, in the real world you can't trust any one. But here are some tricks. 1)Install some cameras and link(connect) theme with your home so you can connect and see what is he doing. 2)Connect your Computer's on your restaurant with your home PS and you can see how much money you have. Those some advices that come to my mind, hope that this would be helpfully.