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Profiles in Partnership: The Secret to Longevity -- Columbia Restaurant Group and Fowler White Boggs Banker by Jeffrey C. Shannon
Fowler White Boggs P.A. - Tampa Office
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September 9, 2008
Previously published by LexisNexis® Martindale-Hubbell® Counsel to Counsel Magazine on September 2008
According to a 2003 Ohio
State University study,
59 percent of restaurants go
under within their first three
years. In 1991, professors from
Michigan State and Cornell
University found that 70
percent of restaurants never
see their 10th anniversary.
But there's apparently no
research out there on the
odds of a restaurant making
it to the century mark. So
if you really want to know
the secret to longevity in
a notoriously short-lived
business, you'll have to ask
Richard Gonzmart. By Counsel to Counsel Editor Steven Andersen
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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