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Written by:

Kathy W


Date added:

September 24, 2014








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3 / 656


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Any risks and benefits that related to the expansion are sharing between the owners. Therefore there should be a relatively same degree of risk preference level and willingness of expansion between you two owners. Having had the second location for expansion in mind, demographic and economic statistics will help to determine the restaurant sales potential of the market area you plan to serve...
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Raising finance for a second restaurant is usually easier than for the first. However there are not enough funds from internally generated cash-flow, bank loan will be an alternative. In order to get the bank loan, there are certain covenants have to be met. These will not make the second business operation easier than the first one...
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