Attention Restaurants: DoorDash Will Eat Your Profits and Loan You Money

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Attention Restaurants: DoorDash Will Eat Your Profits and Loan You Money
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DoorDash clearly wants to function as a one-stop-shop for restaurants and all their business needs

. Now that DoorDash can lend money to restaurants, these establishments could soon be beholden to DoorDash for handling their deliveries, managing online marketing and advertising,It’s too soon to tell how restaurants will respond to DoorDash’s new cash advances, but many establishments may have to take the money just to keep the doors open — even as COVID-19 case counts are declining, many restaurants are still financially faltering.

Still, it’s likely that plenty of restaurant owners will avoid the program based on their individual experiences with DoorDash. If they’ve already been charged outrageous fees by the app for the privilege of facilitating delivery orders or over advertising their restaurant on the platform without permission, will they really trust DoorDash to manage the financial health of their business?Thanks for signing up!

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