TL;DR
When launching a restaurant concept, it's essential to focus on the 10 reasons why restaurants fail, including location, menu, and customer service.
When you launch your restaurant concept, you plan to be in it for the long haul. You really can’t go into it any other way. But with an estimated 60% of independently operated restaurants failing in their first year (and 80% to 90% fail in the first three to five years of operation), this is an important topic to focus on.
In this story
This story was originally published in 1851 Franchise on July 22, 2022. Burnaze summarizes and links to the original reporting.
Read the full story at 1851 FranchiseLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.
