The Secret Restaurateur: What I learned from the failure of my ‘great idea’ for a new business

The only truly bad decision an entrepreneur can make is deny that a venture is failing, and throw good money after bad

“Looking back, there was clearly a lot of wishful thinking behind the project.”

Last month, this column was devoted to the depressing topic of restaurant closures. I’m sorry to say this month’s will be on the very same topic, but with a message of hope this time.

One thing which I should have said loud and clear last time is that the closure of a restaurant, or the failure of any small business, should never be the end of the road.

Whether a business failed due to poor ...