The coronavirus pandemic has been catastrophic for the hospitality industry and the delay to the June 21 unlocking has led to more uncertainty. The FT’s Daniel Garrahan and food critic Tim Hayward meet Harts Group, the business behind Soho institution Quo Vadis and tapas chain Barrafina, as it opens a new Soho branch of its El Pastor taquerias
#coronavirus #restaurants #foodie
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Is now a good time to open a new restaurant? | FT
Search related to the topic Is now a good time to open a new restaurant? | FT
#good #time #open #restaurant
Is now a good time to open a new restaurant? | FT
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Open up…open up, don’t be a coward. Don’t be nervous, just go for it. New restaurant have been opening up for years.
I open my business 1980. A very bad time to start a business. At 28 yrs young, everyone told me I was brave…I never thought about failure. After 40 years in business, close to retiring, decided to closed March 2020 because of the pandemic. My point is…stick it out. It’s painful but if it is your passion, it will work out. It’s very rewarding.
@2:50 I have sympathy for Daniel's ear
Hopeless. No consideration of the chilling effect that the now established practice of lockdowns will have on new ventures. Why would you put your money at risk in a business that could be closed down at any time? There is a smug complacency at the FT that is infuriating
If you have good structure and sound unit economies, then yes. All these casual dining restaurants that have debts to the hills, I'm afraid their time is up.
there is never a good time to start a restaurant
Most new restaurants go bust within the first two years.
I’ll answer that question. Yes only if you can run it by yourself!