Top 10 Reasons Restaurants Fail

I was reading a good article from Ohio State University on 10 reasons Restaurants Fail and I would think that bars would be close to the same reasons. I thought it’s worth reading, here is the short version and below is a link to the full article.

The article says that 60 percent of restaurants close or change ownership in the first year of business and 80 percent fail within five years.

I picked out 3 reasons that I thought are the most important.
1. Bad Location
2. Bad Customer Service
3. Hiring Poor Management

If you want to check out all 10 here is the article: