Fashion Cafe, Types of restaurants, Restaurant
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Fashion Cafe, Types of restaurants, Restaurant


  • College
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Short excerpt:

Businesses start with optimistic plans but to Dun Bradstreet reports, restaurants have only 20 chances of surviving two years against 37 chances of survival for four years in the case of other businesses (Mason, 2011). Small opportunities are the beginning of great enterprises but it is often fraught with pitfalls and challenges (Solovic, 2004). This is precisely what Fashion Caf faced in the 1990s. Fashion Caf is a themed restaurant and according to a Dunn Bradstreet publication, the failure rate of all restaurants is high and the failure rate of themed restaurants is even higher (Greer, 2008). About half a million businesses start-up each year and more than this number also fail each year. Reasons could vary across firms and sector but there are certain common mistakes that most

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