Leonard Innovation

The Reason Why So Many Restaurants Fail


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Why do so many restaurants fail? What causes a restaurant to go out of business? The most commonly cited reasons include bad management, bad customer service, bad location, and lack of funds to continue operations. However, in this episode, entrepreneur Justin Leonard explains that there is another reason most don't know about. In fact, it probably has the biggest impact on restaurant closures, and it affects even the ones that have been around for decades. Listen to this informative episode to learn why restaurants fail.

This episode is presented by the Leonard School of Business Innovation, where the focus is on entrepreneurs who don't come from wealth, but have the potential to be great.

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Leonard InnovationBy Justin Leonard