Restaurant

There’s a popular belief that nine out of ten new restaurants fail in the first year. It’s a myth.

A new study by an associate professor of hospitality management at Ohio State has identified a real figure of six. Six out of ten new restaurants fail in the first year. That’s still pretty high mortality, but not out of line with startups in other business categories.

Nevertheless, I think the only business tougher than retail is the restaurant business. There are just so many different reasons why people don’t come back.

Menu, Menu...Menu!

May 23, 2012
CandyBoxImages - Fotolio.com

My wife got a five-dollar restaurant coupon, and in our house five-buck restaurant coupons get used.