seven pages on why so many restaurants fail to be successful. well researched, good sources Darren Atlee Economics January 13, 1995 Topic: Restaurants Specific Topic: Failure of Restaurants Question: What are Five factors which contribute to the failure of new restaurants? Definition of Business Failure: Business that ceased operation following assignment or bankruptcy; ceased operation after foreclosure or attaching; voluntary withdrawal leaving unpaid debts. It is a common assumption in the restaurant industry that restaurants fail at …
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