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Category: Business

Breaking Into the Restaurant Business: 5 Common Challenges

Posted on November 17, 2014June 14, 2015 by Burny

There are a lot of false statistics floating around about the failure rate of restaurants. Right now, the current statistic is that 90% of restaurants fail within their first year. However, this is a big myth. The real percentage is about 30%. After a year, another thirty percent are gone. These numbers are still staggering…

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