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Financially Chris has the resources available to begin building Jack Sprat and is expected to have annual profits of $47,864. On the other hand Chris’ younger brothers who are will be managing Jack Sprats with Chris are inexperienced. Finally, before beginning Jack Sprats a detailed menu must be worked out to increase the chance that the restaurant will succeed. Without a proper menu Jack Sprats has the potential to fail.
When looking at Chris’ idea for Jack Sprat restaurant we must look at it from many angles. To determine if Jack Sprat’s is something that is viable we must look not just at the concept of the idea but many other aspects such as financing and the industry to name a few...
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