Joint venture program intended for restaurant and hospitality professionals to work and learn the ins and outs of the restaurant industry. The applicants will learn the business and get proper resources for their own venture.
Youngstown, Ohio Oct 29, 2021 – Magic Tree Pub & Eatery announces a new joint venture program in partnership with Ceetus Investment Group. The joint venture program opens for applicants to work and learn the restaurant business at Magic Tree Pub & Eatery, Youngstown, Ohio. The Program is intended for restaurant and hospitality professionals to work and learn the food & beverage business and management. Upon completing the training program, they can partner up to open their own restaurant businesses with proper resources and financial support. The applications are being accepted starting November 3rd, 2021.
Anyone interested in the joint venture program can send their application via this link https://www.magictreepubandeatery.com/joint-venture-application/.
Magic Tree Pub & Eatery is an employer that has a unique approach in attracting employees, a joint venture program. Ron Mansfield, a venture capitalist, and director at Ceetus Investment Group said, “With the employee shortage, Magic Tree is in need of additional staff. This provides a way for them to be adequately staffed while providing training to future restaurateurs. The training and working relationship also reduces the risk for future investments by fully vetting the people that will lead the new ventures. It’s a win-win-win for everyone involved.”
In addition to the joint venture program, Mansfield explained that venture capitalists help entrepreneurs run their businesses. These venture capitalists provide financial support and resources to the entrepreneurs opening and running their own restaurant and hospitality businesses. Magic Tree’s joint venture program aims to help those interested in opening their own restaurant or hospitality business without being tied to a chain or franchise agreement. Chosen applicants will work at Magic Tree while learning the business. Once the learning program is done, which can be completed in as little as 2 years, they will be provided with the resources including financial support to start their own businesses.
“Our joint venture program helps out a local restaurant from struggling with the employee shortage and the ‘Great Resignation’ that is going on.” Said Mansfield.