Why Restaurants Fail

Why Restaurants Fail
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There are a number of reasons why a restaurant might fail.  One reason is poor location. A restaurant needs to be in a busy area with a lot of foot traffic in order to be successful. If it’s located in a quiet neighborhood or on a side street, it’s likely to fail. Another reason is …

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What Percentage Of Restaurants Fail

What Percentage Of Restaurants Fail
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A recent study conducted by Cornell University’s Food and Brand Lab has revealed that about 60% of restaurants fail within the first year and about 80% fail within the first five years. There are a number of reasons why restaurants fail, but the most common ones are a lack of proper planning and execution, financial …

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