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Posts tagged [financial projections]

How to create realistic financial projections

How to create realistic financial projections

Many restaurants open and close within months. Their failure can be attributed to many things, but revenue (or the lack of it) is often one of the biggest reasons. Upon inception, restaurants, like many other new businesses, go through a teething stage. During this time, the restaurant needs to find its feet and build its customer base. At this stage, it’s safe to assume it will not be generating as much income as it will once it’s established.

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