3 Reasons Not To Open a Restaurant, and the 1 Reason You Should
JULY 8, 2015
Here are 3 of the biggest reasons: High competition: The sheer number of options consumers have limit the prices restaurants can charge. A 2003 study by Ohio State University found that 60% of restaurants fail within their first 3 years of operation, and 80% fail before the 5th year.
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