LineCheck

Business Bankruptcy Explained.

Operator ZoneRestaurant Failures & Lessons/Scott Shafer/8:29

You're either running the numbers or the numbers are running you, and Scott Shafer breaks down what happens when major chains let the latter take over. The same cash flow principles that killed J.C. Penney will absolutely destroy your 40-seat neighborhood spot — you just won't have bankruptcy lawyers to soften the landing. Every line cook who's watched ownership ignore food costs while talking about "building the brand" knows exactly how this story ends.

— The Chef's Take

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