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We also don't know that it closed because it failed. Small businesses like that can end up closing just because the owner moves away or something like that, if
by pxc 3y ago
We also don't know that it closed because it failed. Small businesses like that can end up closing just because the owner moves away or something like that, if the owner is highly involved in operating the place.
- setr 3y agoI’m highly suspicious that the whole 90% of restaurants fail thing is largely because small business owners don’t know how to manage their finances and maintain adequate buffers for lean months. I expect even the highest revenue places to just fall over suddenly because of it
- 4b11b4 3y agodo you have any proof for this? this is up the alley of something I'm building