Poor market planning or under capitalization’s

1. “Few restaurants fail because of a lack of commitment or drive on the part of the owners. However, many restaurants fail because of poor market planning or under-capitalization.”

2. “Would-be restaurateurs often open their operations on a shoestring: selecting an inexpensive site, purchasing used equipment, and minimizing the initial investment at every step. This often happens because new restaurateurs are spending their own money (often borrowed from family members, insurance policies or credit cards!) and so their decisions are driven by what they can afford. Rarely does this approach lead to success. The investment decision (is this a good concept that will be successful in the market?) is separate from the financing decision (where will I get the money to open the restaurant?). A compelling food-service concept will be welcomed by investors because it promises them a good return at an acceptable risk. How much it costs to build doesn’t really matter (within reason, of course), because it will generate profit. Building and equipping a restaurant based on how much one can afford is bad practice, and often leads to severe financial losses.”

What is your initial reaction to these statement? What is the affect, if any, on your perspective within the industry? Corroborate your perspective by referencing textbook and/or an external source.

Your initial post should be at least 250 words

Get Professional Assignment Help Cheaply

fast coursework help

Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?

Whichever your reason may is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.

Our essay writers are graduates with diplomas, bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college diploma. When assigning your order, we match the paper subject with the area of specialization of the writer.

Why Choose Our Academic Writing Service?

  • Plagiarism free papers
  • Timely delivery
  • Any deadline
  • Skilled, Experienced Native English Writers
  • Subject-relevant academic writer
  • Adherence to paper instructions
  • Ability to tackle bulk assignments
  • Reasonable prices
  • 24/7 Customer Support
  • Get superb grades consistently

How It Works

1.      Place an order

You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.

2.      Pay for the order

Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.

3.      Track the progress

You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.

4.      Download the paper

The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.



order custom essay paper