The researcher who discovers the addictive principles of the restaurant business will be rewarded, I am sure, for saving thousands of people, if not more, millions of dollars in loss, stress and aggravation.
In the Monday edition of The Press Democrat, the Rudd was painted as the hero for his last minute effort to shell out a number that equaled a small fraction of the debt and purchase the company’s assets leaving the vendors holding the preverbal deposit bag of over a reported 8 million dollar debt load. Rudd may receive hero status for his swoop and scoop tactics, but there is an ironic sadness to the maneuver. The company that launched the careers of such notable artisan purveyors as Bruce Aidells, Cowgirl Creamery, and other well respected brands in the olive oil, bread, wine and honey sectors of the marketplace has now possibly ruined as many companies by not paying them. Of course under the newfangled bankruptcy laws this is completely legal. And, bankruptcy is a standard operating procedure, especially in the restaurant business. The point here is not the bankruptcy, not the sale, but what possesses bright, intelligent people to think they can successfully operate a business in one of the most complex sectors of the market and succeed? Then we must ask what keeps the same bright, intelligent people from realizing their early on failures and changing course before tallying a pile of invoices that equal almost as much as the yearly gross of the company? Is there something in the pesto sauce that is slathered on those Foccaccia bread chicken sandwiches? Me thinks not. The dedicated staff at each of the The answer is simple; owner ego prompted the three principals to turn a blind eye on those with more experience in the business. In the
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