5 Alarming Reasons Why Restaurants & Food Businesses FAIL
Channel: Wilson K Lee - How To Open A Restaurant / F&B Shop
Date: 2019-10-10

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👀 ABOUT THIS VIDEO
Starting a restaurant is no easy task. Keeping it open is another feat. 60% of restaurants fail to survive past their first year. But why do so many restaurants and small businesses fail to survive? What common restaurant mistakes or top reasons restaurants and F&B shops are making? 

You've probably heard of that 60% failure stat before. That's one ugly and depressing number to hear. As a F&B shop owner, previous restaurant owner, and small business owner...it is a number that I see as a reality. It's tough. Starting a restaurant is already tough, but keeping it open is a whole 'nother beast. 

Why do restaurant businesses fail so often? What is it about them? There are 5 reasons and common mistakes that I see new and novice restaurant owners make quite often...that end up costing them their whole business. 

So if you're looking to learn why restaurants fail, common restaurant mistakes, why restaurants fail, a restaurant owner looking to avoid restaurant failure and closure, or an upcoming business owner looking to start a restaurant or in the process of starting a restaurant, keep watching!

5 REASONS WHY RESTAURANTS FAIL TO SURVIVE
https://youtu.be/1ikO9ozgeiE
https://youtu.be/1ikO9ozgeiE
#whyrestaurantsfail #startingarestaurant #wilsonklee
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👤 ABOUT WILSON: 
I’m Wilson, your new restaurant business partner. I’m here to help turn your food and beverage concept into a reality with expert tips & tricks for success. 
My videos are based on years spent in the industry building multi-million dollar businesses, including my own international dessert chain (https://720sweets.com/) with locations spanning the globe. Since my franchise was acquired (2020) it’s been my mission to share this knowledge with people like you who have great ideas, but just can’t seem to break through. If I did it all with no experience, so can you. I know firsthand the struggles and mistakes most entrepreneurs make, and want to show you exactly how to avoid them. 

I’ve helped hundreds of restaurant owners and entrepreneurs create explosive Food & Beverage businesses. I’ve been awarded Top 30 Under 30, Young Entrepreneur of the Year, Top 10 Emerging Entrepreneurs, and recently a Forbes Business Council Member. 

Find more great resources, check out https://www.wilsonklee.com/
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