Must Have Criteria For Opening a New Restaurant Locataion
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YouTubeDesmond Lim - How to Grow a Restaurant
Must Have Criteria For Opening a New Restaurant Locataion
Before you open a 2nd restaurant location, your 1st one needs to be a cash-printing machine. Here’s the minimum bar: - 15% profit margin - 6 months of cash flow - 6 months cash reserve to cover BOTH locations - A rock-solid funding plan (because your new team will make mistakes + marketing takes time) If you’re researching scaling, this is ...
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