A restaurant managing partner works on restaurant operations while also handling budgeting and planning tasks. As a managing partner, you have a partial stake in the restaurant. Your duties include reporting performance and financial figures to corporate ownership or silent partners and implementing their strategies and improvement plans in the restaurant. You also handle day-to-day tasks such as hiring and training employees, negotiating with vendors and suppliers, and ensuring customer satisfaction. As a manager, you usually delegate responsibilities to the restaurant's assistant management team. You may sometimes have other duties that involve market research, promotion, and public relations.