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Editor's Note: The New Bare-Bones Restaurant Model

How can this economy work for you? Just take a look at restaurants.

This story appears in the November 2009 issue of Entrepreneur. Subscribe »

In the midst of the worst in modern history, something spectacular is happening: are opening. In fact, lots of restaurants are opening. Don't believe it? Try this: Applications to open establishments in were up 25 percent over 2008 in the first four months of this year.

This trend, which is explained brilliantly in Regina Schrambling's feature, "Why Now Is the Time to Open a Restaurant", probably seems counterintuitive in the current . But you know what? It's not: Recessions create opportunities--even in the notoriously temperamental restaurant industry. People still need to eat, and they still need that hour or two of convivial escape (desperately).

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