Have you noticed? September 2, 2011
Posted by hslu in Chinese Food, Economics, Restaurants, Small Business.Tags: Economy, Kabob
add a comment
A rush of new kabob restaurants has popped up all over the Northern Virginia in recent months.
As economy turned sour, more people took control of their own situation, either out of necessity (laid off from their jobs) or frustration, and open a business on their own or with their friends.
It is not limited in the kabob business at all: pizza stores, sandwich stores, Indian restaurants, wraps of all kinds and Latino restaurants too.
This put pressure on existing restaurants especially the Chinese restaurants because the Chinese restaurants are all operating under minimal margin for a long time.
With declining economy and persistent unemployment rates, I am afraid that a shake down may be coming before we know it.
I wish I will be proving wrong.
xiaohua 