In the United States, over 50% of restaurants fail within the first 5 years of operations resulting in approximately $2.1 billion annually in lost national sales revenue. The purpose of this multiple case study was to explore the strategies used by owners of nonfranchise, casual dining restaurants to ensure sustainability longer than 5 years. The study was grounded in Porter\u27s 5 forces framework as a lens for identifying effective strategies that promote restaurant sustainability. The data collection process comprised gathering data and information via semistructured interviews with 3 owners of nonfranchise, casual dining restaurants in the mid-Atlantic region who sustained their restaurants for longer than 5 years. Also, a review of arc...
AbstractHigh employee turnover rates adversely affect profitability. Restaurant owners who fail to r...
Voluntary employee turnover in the fast-food industry is 50%. Employee turnover costs fast-food rest...
Many owners of small business restaurants lack financial strategies for successful business recovery...
The restaurant industry plays an essential role in the U.S. economy. Approximately 26% of small- and...
Only 65% of new restaurants remain in business after the first three years of operations. Leaders of...
Owners of small business restaurants experience a high failure rate. Many small business restaurants...
Half of new businesses in the United States cease to exist after the first 5 years of operations, an...
Approximately 52% of food and accommodation businesses survive 5 years or more. Small business resta...
Quick-service restaurant owners who fail to apply effective business strategies could risk business ...
The restaurant industry is the second largest employer in the United States; however, only 33% of re...
AbstractRestaurants are competitive, high-risk enterprises and have high failure rates. In this envi...
According to U.S. Small Business Association, the failure rates for small businesses in 2014 were as...
The recent economic crisis in Puerto Rico has created decreased health department fiscal capabilitie...
Strategies for Small Restaurant Owner Success Beyond 5 Years by Veda P. Allen-Barnes MBA, University...
Small businesses play a vital role in the modern economy. They represent the main catalyst for econo...
AbstractHigh employee turnover rates adversely affect profitability. Restaurant owners who fail to r...
Voluntary employee turnover in the fast-food industry is 50%. Employee turnover costs fast-food rest...
Many owners of small business restaurants lack financial strategies for successful business recovery...
The restaurant industry plays an essential role in the U.S. economy. Approximately 26% of small- and...
Only 65% of new restaurants remain in business after the first three years of operations. Leaders of...
Owners of small business restaurants experience a high failure rate. Many small business restaurants...
Half of new businesses in the United States cease to exist after the first 5 years of operations, an...
Approximately 52% of food and accommodation businesses survive 5 years or more. Small business resta...
Quick-service restaurant owners who fail to apply effective business strategies could risk business ...
The restaurant industry is the second largest employer in the United States; however, only 33% of re...
AbstractRestaurants are competitive, high-risk enterprises and have high failure rates. In this envi...
According to U.S. Small Business Association, the failure rates for small businesses in 2014 were as...
The recent economic crisis in Puerto Rico has created decreased health department fiscal capabilitie...
Strategies for Small Restaurant Owner Success Beyond 5 Years by Veda P. Allen-Barnes MBA, University...
Small businesses play a vital role in the modern economy. They represent the main catalyst for econo...
AbstractHigh employee turnover rates adversely affect profitability. Restaurant owners who fail to r...
Voluntary employee turnover in the fast-food industry is 50%. Employee turnover costs fast-food rest...
Many owners of small business restaurants lack financial strategies for successful business recovery...