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Essay

What Are Five Factors Which Contribute To The Failure Of New Restauran

Essay specific features

 

Issue:

Business

 

Written by:

Jonathan M

 

Date added:

April 27, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1634

 

Was viewed:

2287 times

 

Rating of current essay:

 
Essay content:

S. economy. In researching this topic, statistics numbers and percentages fly around routinely. All give somewhat the same concept; in the starting years, most restaurants fail. The most often cited statistic is the 95/5 ratio. 95% success and 5% failure. Conversely, another favorite concept exists...
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95% success and 5% failure. Conversely, another favorite concept exists. Somewhere between 50 to 80 percent of all new restaurants which open this year will fail within the first 12 months of opening their doors. The same conventional wisdom also suggests that about 50% of the remaining restaurants will fail in their second year of operation and another 33% in the third year...
displayed 300 characters

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