If you're reading this, you've probably been losing sleep for months. Your restaurant is losing money, debts are growing, and you feel there's no way out. Before making an emotional decision — closing overnight, continuing to endure without a plan, or selling to the first offer — you need a cold diagnosis of the situation. There are three possible options: rescue the business with drastic changes, transfer to minimize losses, or close in an orderly way to protect your personal assets. The worst option is not deciding.
- You've been losing money for 3 or more consecutive months
- You have exhausted your personal savings and are financing the restaurant with debt
- Suppliers have cut off your credit or require cash on delivery payment
- You have stopped paying Social Security contributions, VAT or IRPF
- The team knows things are going badly and the best ones are already leaving
- Have you thought about not opening tomorrow and leaving it all behind
If you recognize 2 or more of these situations, your restaurant needs a professional diagnosis.
