Joanna Collins and Pete Stash recently opened a fine dining restaurant in the suburbs. They have been really enthusiastic about this restaurant and have been looking forward to grow their business successfully. Both Joanna and Pete are not experienced restaurateurs.

In fact, they are new entrepreneurs and this is their first time doing business.

Since their friend Stanley Black has been operating an Italian restaurant for the past five years, Joanna went to Stanley for advice. She knows that there will be many challenges to face while experience growth. What should their expectations be about the day-to-day challenges of a growing firm, as based on Stanley’s five years of experience running a restaurant?