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Home › Forums › Restaurant Professionals Forum › Restaurant Professionals Forum › Question about helping a failing restaurant › Re:Question about helping a failing restaurant

June 20, 2006 at 8:22 am #2583334
Foodbme
Foodbme
Member

As A Small Business Consultant I can tell you that most small businesses fail due to the lack of knowledge of how to run a business and CASH FLOW, not the lack of drive, enthusasism or hard work.
You said you don’t have any money, this guy probably doesn’t either! You have some basic training and that’s great but you lack experience in the trenches. Go to work with someone  for a few years who is currently successful and is willing to mentor you on the details of running a successful business. 80% of all small businesses fail in the first 12-18 Months. Don’t be another anchor on a sinking ship!
Always remember–CASH FLOW IS KING! 

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