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How Gordon Ramsay saved his Restaurant Empire

2 pointsby jakartaover 15 years ago

1 comment

jakartaover 15 years ago
how he did it: -equity infusion of $9M -tax payment extensions from the British gov -cutting corporate staff by 35% -renegotiating rental contracts with the Blackstone Group. -Cutting costs at restaurants (no flowers, using cheaper cuts of meat)<p>the result? on track to earn $8M in EBITDA by year end.