rev WEEK 4 CHECKPOINT - restaurants are located in historic...

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WEEK 4 CHECKPOINT There are several benefits and drawbacks to each chain restaurants and independent restaurants. Selecting from the list provided, I've chose to contrast and compare access to funds, site selection, and also new service growth. Initially, access to funds might be a significant problem for impartial restaurants. The majority of “Mom and Pop” type organizations are fronting the organization using their personal savings or retirement and also the resources are limited. Using a chain restaurant there's usually a corporation support the economic responsibility of the enterprise, therefore making it much more stable and potentially profitable.
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Site selection can be another important distinction between chain and independent restaurants. Most chain restaurants need each of the building to appear the identical which is often new construction. Normally, this is not an issue if the funds are there. With all the independent restaurants the chance to utilize any kind of building is quite possible. Numerous independent
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Unformatted text preview: restaurants are located in historic houses, strip malls, earlier restaurant establishment, as well as free standing properties. Independent restaurants are often much more distinctive. Finally I chose new service growth. This particular assortment may initially seem to go toward the actual independent restaurants advantage, however upon additional representation; I don't observe this as the circumstance. Even though the chain restaurants possess the support of the chefs, item information, funds, plus resources, the independents can make their particular choices and carry out what they desire. Independents usually are not restricted to potentially worldwide assets; local produce in addition to supplies will be enough to them. Just after carrying this out contrast and compare, in my opinion I'd prefer to own an independent restaurant. The liberty this kind of business provides is a lot more attractive to me and my business type....
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This note was uploaded on 02/29/2012 for the course HTT 200 taught by Professor Many during the Spring '11 term at University of Phoenix.

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rev WEEK 4 CHECKPOINT - restaurants are located in historic...

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