Talk with Your Mouth Full
By Maggie Overfelt

(FORTUNE Small Business) – Clear channel, the 1,225-station radio behemoth, isn't usually considered a friend to small businesses. But at least one, Grand Management of St. Paul, loves it. The restaurant group, with $40 million in annual sales, has inked a deal to operate a new line of Clear Channel-branded restaurants. (Clear Channel gets 5% of the gross sales.) "Clear Channel has already identified the best markets for us," says Grand Management CEO Ken Plunkett, who launched KFAN: the Restaurant outside Minneapolis in December and hopes to build 12 to 15 similar eateries in the next three years. The highlight of every restaurant is a broadcasting studio in which live talk shows with celebrity guests can be seen and heard by diners. "People think each restaurant is an extension of the station," says Plunkett. -- MAGGIE OVERFELT