Feeling sorry for Philadelphia chef-legend Georges Perrier, who just put his world-renowned Le Bec-Fin in Philadelphia up for sale? Don’t. The restaurant business can be had for $600,000, liquor license included. The building, though, is separate. Its list price: $3.9 million. There are some key business lesson here for you.

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New York's report card day has arrived. As of July 28, the 24,000 restaurants in the Big Apple will be required to display their health department grade. The A, B or C designations are intended to shame operators into adopting better hygiene practices and to increase public awareness of health in food preparation. Be sure to read John Lawn's interview with NYC associate health commissioner Elliott Marcus for details on how this will play out in the real world.

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She began July 2010 waiting tables on the dayshift at Melrose Place Café in Los Angeles. She ended it singing live on So You Think You Can Dance and The Tonight Show with Jay Leno. And she was classy enough to not quit her restaurant job in between until the manager could replace her. That’s why we hope other aspiring artists who wait tables—you know who you are—get discovered like Christina Perri did.

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