Thu.Mar 07, 2019

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10 Reasons Why Restaurants Fail & How to Avoid Them [Infographic]

Notch

Why do restaurants fail? There are many reasons that lead to some of the bleak statistics we hear about the industry. In an already difficult market, around 60% of restaurants end up closing their doors within three years. For restaurants, profit margins tend to be quite slim—hovering around 6% (or less) on average. The causes for failure often begin at the outset.

article thumbnail

10 Reasons Why Restaurants Fail & How to Avoid Them [Infographic]

Notch

Why do restaurants fail? There are many reasons that lead to some of the bleak statistics we hear about the industry. In an already difficult market, around 60% of restaurants end up closing their doors within three years. For restaurants, profit margins tend to be quite slim—hovering around 6% (or less) on average. The causes for failure often begin at the outset.