I've been working in a restuarant for about 5 years now, and I've got enough money, but like 90% of restaurants fail.
2007-08-02 05:22:46 · 9 answers · asked by Anonymous in Business & Finance ➔ Small Business
Thats still 10% that succeed.Think like a winner,But be positive,and do LOTS of research,determining good and bad scenarios.And have an exist plan,in case it fails.
But I'd say go for it! once you cover those basis!
2007-08-02 05:27:40 · answer #1 · answered by n 3 · 0⤊ 0⤋
You already know that most restaurants fail. What are the ingrediants of a successful restaurant? Good location, good food, good service, convenience, reasonable prices, fun atmosphere, romantic atmosphere, alcohol, healthy food, great desserts, etc.
Yes, you should open a restaurant. Plan carefully. Read a book about all the necessary steps. Maybe work with a partner. Make sure you have enough money. Have a unique concept and make sure every employee understands what it is.
2007-08-02 12:29:08 · answer #2 · answered by hottotrot1_usa 7 · 0⤊ 0⤋
If you do open a restaurant, always go in with investors or partners. More than likely, the business venture will fail and you'll want to have people share the risk. However, keep trying and eventually you might open a successful restaurant.
2007-08-02 12:26:19 · answer #3 · answered by chuckna21 3 · 1⤊ 0⤋
But first of all you have to had, experiences on running business, and in the kitchen also, some restaurant might have successful, but some not, because of their service quality, or the quality of the food, so if you think you can run the restaurant, just go ahead and do it, but if you think you can't, just don't.
2007-08-02 12:29:29 · answer #4 · answered by Nam D. 6 · 0⤊ 0⤋
Offer the kind of food the local population likes, in an area where there is not too much competition.
2007-08-02 13:36:49 · answer #5 · answered by ted j 7 · 0⤊ 0⤋
Are you good enough to open a restaurant if you are .Yes give it go if you feel you can do it you can do anything.
good luck...
2007-08-02 12:26:35 · answer #6 · answered by Anonymous · 0⤊ 0⤋
maybe leave fliers at diff places and see if people actually take them if they take them they might like ur idea of that restaurant and if they dont then it might be failure
2007-08-02 12:28:13 · answer #7 · answered by Anonymous · 0⤊ 0⤋
if you're having doubts and basing major life decisions on random people's answers, then no.
figure out what you really want....
2007-08-02 12:30:18 · answer #8 · answered by Anonymous · 0⤊ 0⤋
if you have something you think everyone will want, yes other wise no..
2007-08-02 12:32:58 · answer #9 · answered by Anonymous · 0⤊ 0⤋