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Pursuing and running a small business comes with a lot of costs, and some of those costs might be less obvious than others. Of course, you expect to pay for supplies and to pay your employees. But...
This entrepreneur often lacks a business background and an understanding of what is involved in the start-up process. Start-up costs in the food space are high and can range, as of 2013, from $15,000 to $100,000. [5]
(The Center Square) – An idea to implement a 20% service charge on Denver restaurant bills, floated last week by Mayor Mike Johnston, could cost the city’s economy $718 million over the next ...
Fire. Equipment breakdown. Employee injury. Assault and battery. The day-to-day risks and threats restaurant small business owners face can feel never-ending.
A diner is a type of restaurant found across the United States and Canada, as well as parts of Western Europe and Australia.Diners offer a wide range of cuisine, mostly American cuisine, a casual atmosphere, and, characteristically, a combination of booths served by a waitstaff and a long sit-down counter with direct service, in the smallest simply by a cook.
A pop-up restaurant is a temporary restaurant. These restaurants often operate from a private home, former factory, existing restaurants or similar space, and during festivals . [ 1 ] Various other names have been used to describe the concept of setting up a restaurant without the typical level of up-front costs, such as guerrilla diners and ...
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Cost and revenue estimates are central to any business plan for deciding the viability of the planned venture. But costs are often underestimated and revenues overestimated resulting in later cost overruns, revenue shortfalls, and possibly non-viability. During the dot-com bubble 1997-2001 this was a problem for many technology start-ups.