Otherwise, the weaknesses lie in the unpredictability of initial finances and operations. That is, finances can...
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Otherwise, the weaknesses lie in the unpredictability of initial finances and operations. That is, finances can only be projected and operations needs and procedures will be estimated until a later point in time after the restaurant actually opens. However, the entrepreneurs need to use the aforementioned research and development efforts to ensure that their assumptions can be justifiable. This can be especially crucial if they determine that further funding is needed at startup. Otherwise, the weaknesses lie in the unpredictability of initial finances and operations. That is, finances can only be projected and operations needs and procedures will be estimated until a later point in time after the restaurant actually opens. However, the entrepreneurs need to use the aforementioned research and development efforts to ensure that their assumptions can be justifiable. This can be especially crucial if they determine that further funding is needed at startup.
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