Business Facts

    Random Business Facts

    There are 75 Business Facts!

    90% of all restaurants fail during their first year of operation.
    48
    The most productive day of the workweek is Tuesday.
    105
    Carlos Vasquez, a dry cleaner in New York, has a sign outside his shop that reads: If you are unemployed and need an outfit clean for an interview, we will clean it for free.
    7
    Lentil As Anything, a successful Australian restaurant, allows its customers to pay whatever price they feel like paying for the food.
    10
    Henry Ford, father of the Automobile, is also father of the charcoal briquette.
    1
    CEO takes over company worth $9m, fires management, gives power to employees, and now makes over $200m
    Ricardo Semler, a CEO in his twenties, took over a company worth $9m, fired most of the management, and gave the power to the employees. It now has a turnover of over $200m.
    15
    When Scott Paper Company first started manufacturing toilet paper they did not put their name on the product because of embarrassment.
    41
    McDonald's serves 75 hamburgers every second, according to the company’s Operations and Training Manual.
    5