Simply put, the number one reason restaurants fail is due to not having enough capital behind them at the beginning. The second reason is that the person opening the restaurant may not have the right experience or support behind the to succeed. Make sure this person has both. If he is new at the resaturant game, make sure he has a seasoned consultant who has had the experience behind him help your friend. This does cost money, however, the consultant will also save him money in areas that your friend may not have thought of or save him from mistakes he will make because he may not know any better. Also, make sure he has enough money stored away for a tleast the first four - six months that will cover all his expenses as if he didn't have one person come in the restaurant. It takes quite a bit of money to start a restaurant and it also takes time and energy for guests to come in and keep coming in.
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