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2012’s Revolving Doors

April 3, 2013 | Source: Greater Wilmington Business Journal, January 2013

“Two thousand twelve has definately been a year of survival of the fittest,” Farriss Hospitality owner Bill Farriss said.

As head of a moajor company that designs and equips restaurants, Farriss monitors the industry, talks to owners daily, and sees reasons for closings and openings.

While competition is intense and the past few years’ economy has taken a toll, poor management is responsible for many “our of business” signs, Farriss said.

He and the restaurant owners agree that 2013 is looking up, especially for operators who understand and fill the markets needs and desires.