Mar 10, 2012
Detroit Getting An Upswing on Restaurants
Written under: Business, Finance, Lifestyle
Despite the recent decline in employment opportunities due to the bad economy, the restaurant industry seems to be on a healthy state, particularly in Detroit.
For the coming year 2012, numerous restaurants are now set to open – that’s from casual eateries to high-end fine dining places. In fact, according to a report, at least 20 restaurants are now scheduled to open business this year.
Many analysts say that this is not that unusual. They say that in a down economy, people will usually avoid luxuries such as personal entertainment – but all of them will still eat.
So that’s one reason why a Restaurant System is currently selling like hotcakes – because entrepreneurs are going towards the food industry to survive the unpredictable, post-recession economy.
However, business consultants say that these restaurants may have a slight bit of advantage to survive, long-term success will still depend on their food quality and customer service.