RT @nihilistnomya: A study on restaurant failure rates shows that 60% of food venues don’t make it past the first year, and that 80% close…
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A study on restaurant failure rates shows that 60% of food venues don’t make it past the first year, and that 80% close within 5 years. Don’t become a statistic. Do the work. https://t.co/8XzZsoOcKJ
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@andreasklinger I believe it comes from the common wisdom that “90% of restaurants fail”. But that’s wrong too; it’s ~60%. https://t.co/V9kky5Wm7y
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@DennisPCrawford @vince_powers Why Restaurants Fail H. G. Parsa, Ph.D., John T. Self, Ph.D., David Njite, Tiffany King Cornell Hotel and Restaurant Administration Quarterly, vol. 46, 3: pp. 304-322. , First Published Aug 1, 2005. https://t.co/qT3OtaGcoA