Not a good gauge are, Because of The Most business failures
in Restaurant Franchise Systems Reported are never out of The
Fear of Potential Negative Impact on Brand dilution and a
Franchise System. Rather than risk a record of Failure, franchisers
Take a Proactive stance and back troubling either Buy
or Resell them to another franchisee franchises Without Ever
to a bankruptcy Court Reporting System (MauMau 2,009). As
a Result, of The Most business failures in The Restaurant
Industry are underreported in legal documents of The Official
bankruptcy Courts. Thus, to overcome The limitations of The
many definitions of Success and Failure, we Have Used The
definition that was successfully Used by Earlier Studies on
this Topic, Where a business Failure is defined As a Change in
business Ownership of an existing business irrespective of
The. reasons behind the ownership turnover. This definition
was adapted from The Earlier Studies on this Topic by Watson
and Everett (1996b), Parsa et AL. (2005), Parsa et al. (2,011th),
and Other Studies Where business Failure was defined As
As Reported Change in Ownership in Local Health Department
records. This countenances, for example, The situation of a
restaurateur Who is Adept at Starting a business, but May Not
be Able to Run The Restaurant once it is launched.
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