Prezzo's Rationalisation Plans
Yet another of the restaurant industry giants has announced plans to sell off outlets and make people redundant in an effort to restructure debts and to avoid possible failure. With Jamie's Italian and Byron recently following their own rationalisation programmes what is really happening with the UK restaurant market?
A great article to introduce the concept of rationalisation, cash flow management, gearing and stakeholder influence. [Click on the image to read the full article]