The
restaurants and cafes
The
opening and closing
When
the business fails
The
owners close shop
The
owners should make a survey
Walk
around the towns or neighborhood
Feel
the pulse of the surrounding
Then
put it down on papers
They
should prepare the business plans
The
cash flows and the covers targetted
The
profit and loss statements and balance sheets
On
top of the marketing strategies
On
papers it will reflect the trends
The
amount of monies to be invested
The
years to sustain the business
Will
it be a go or stop it there?
But
then business is taking risk
Without
the risks or business plans
The
owners will not learn on calculated moves
A
business needs a 3 years plan to see the viability of it
Some
open for 6 months and close
What
kind of a plan it is?
The
owners hope to strike the lottery
Without
it they pack up and run
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