Actual Food Service Case Studies giving you the 21 Reasons Why Restaurants Fail.
If you own a Food Service Business or are planning on purchasing a Food Service Franchise then you will find the information in this series indispensable for your success. During this past decade, no other industry has taken a bigger beating than The Food Service Industry. Spotting the warning signs of failure can help both the novice and seasoned owners find success.
Similar to how Generals approach war Restaurant Owners strive to capture past glories by repeating past successes. Most of the memories are short term. One particular restaurant continued to use the same model of failure year after year thinking that the results would change. Just as restaurants track successes to find trends, fewer spend as much time tracking the failures. This Video Series focused on Failures and Trends to find the 21 Most Common Reasons Restaurants Fail using Actual Case Studies I have personally worked on.
During my time as a Chapter 11 Restaurant Recovery Specialist, I have been able to identify 21 common mistakes that lead to all of the restaurant failures that I have personally worked on. I have examined these common mistakes and I have found they can be traced back to 3 Areas: Inception, Space & Operations.
Once I identify an issue, I was able to single out a solution. By addressing one issue at a time you will start to build a more successful food service business. We will examine these problems from Actual Case Studies but for the sake of examples, we will examine a factious restaurant owned by Jim & Mary. All of the problems presented in the Series were taken from Real Life Case Studies from Food Service Businesses I have worked with or consulted during my time as a Chapter 11 Restaurant Recovery Specialist.