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Existing restaurant location or vanilla box? Greater North Attleboro, MA
What a week I have had perusing restaurant listing after restaurant listing for my client. I would say most of them belong on Kitchen Nightmares, so I decided to start  looking for a vanilla box as a second option. And ohhhh what fun that would be to see him do it from scratch, my ultimate dream come true!
To continue the top reasons that restaurants fail in my opinion...............................
 
#4 Being closed-minded in concept
 Be open to new ideas. Any type of business owner always has a dream or a picture in their head of a certain outcome. But just remember to keep an open mind about every last detail. Sometimes what is imagined can’t be fulfilled due to space configurations or other unexpected reasons. The end result just may in fact be better than your original plans you had envisioned. ;-)
 
#5 Undercapitalization
This is perhaps the most common mistake for new restaurant owners. Underestimating a restaurant’s startup costs can result in bankruptcy. Having a great concept doesn’t prevent you from running out of money. It is always better to overestimate your costs then underestimate. Common problems during startup may include construction delays or changes demanded by building inspectors. To cover ... more

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