Opening a Restaurant? Ask Yourself These Questions First!

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While opening a new restaurant can be a very exciting business venture, it can also come with a lot a stress and a high risk of failure within the first few years of business. To avoid that clichéd trap that “80% of restaurants fail with 3 years,” prospective restaurant owners should develop a thorough business plan.

Here are some questions potential restaurant owners should be asking themselves before opening that first unit:

1. What is your restaurant’s concept?

You should consider what type of food or beverage items will your restaurant sell. What type of customers will be your target market? What type …read more

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Aronson LLC has been thinking ahead for its clients for more than 50 years. Aronson’s construction, real estate, government contracting, nonprofit, technology and private industry experts provide innovative audit, tax, and consulting services that help its clients move to the next level. From start-up to exit strategy, Aronson works with companies throughout the entire business lifecycle by proactively identifying opportunities and addressing challenges so that clients are able to focus on their core business. Aronson shows companies how to rethink everything to be more profitable, more competitive and better prepared for the future.

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