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You are missing the point I think...
Posted on: February 11, 2021 at 11:08:46 CT
Gyro MU
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Part OF THE RISK when you open a business is SPECIFIC to that business. Restaurants are notoriously low margin enterprises that have a ton of potential pitfalls including exposure to liability for injuries / accidents, high insurance premiums (as a result), low margins, crazy high competitiveness, high employee turnover. Food costs.
And also, when you are serving food to the general public, you take on extra risk because of something like a pandemic.
So just starting a business, any business, does not confer the same risk onto the business owner.
If you and I started a medium sized dine-in restaurant, even in an existing space, you're looking at $250,000 MINIMUM to get from concept to open.
And also, when you are serving food to the general public, you take on extra risk because of something like a pandemic.
So just starting a business, any business, does not confer the same risk onto the business owner.
If you and I started a medium sized dine-in restaurant, even in an existing space, you're looking at $250,000 MINIMUM to get from concept to open.
Please explain why this message is being reported.
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You are missing the point I think... - Gyro MU - 2/11 11:08:46