Gotta love restaurant consolidation under those franchisee's who can only say YES..Whoever said you couldn't be TOO BIG to fail?More restaurants dont make you financially viable. Good business decisions makes your organization financially successful.
Debt comes too easy for many and they can't say no. Too much debt is the worse thing you can have in this industry.
Cash is king. Always has been, always will be. When times get lean, and th business cycle ensures that those times always come and go, having cash gives you options. Too much debt leaves you few options, almost none of them good.
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3 comments:
Gotta love restaurant consolidation under those franchisee's who can only say YES..
Whoever said you couldn't be TOO BIG to fail?
More restaurants dont make you financially viable. Good business decisions makes your organization financially successful.
Debt comes too easy for many and they can't say no. Too much debt is the worse thing you can have in this industry.
Cash is king. Always has been, always will be. When times get lean, and th business cycle ensures that those times always come and go, having cash gives you options. Too much debt leaves you few options, almost none of them good.
Post a Comment