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Old 01-06-2015, 12:31 PM
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Guess what type of business fails more readily in its first year?

Rent amounts are subject to the laws of supply and demand in the local market

Management is a pivotal factor in a business's success or failure.

Business plans must be realistic and intentionally conservative

There are unpleasant circumstances that could never be predicted and the reason for being intentionally conservative in a business plan.

Cash flow is critical and the continually increase/decrease of population in Florida exacerbates planning. This is especially difficult for restaurants because much of their inventory is quickly perishable