[cmh89]

>- If the business grows and starts needing management skills beyond what a cook or a waiter would have, you will have trouble hiring a qualified manager for same wages you pay to waiters

Waiters generally make more than managers in restaurants in the United States at least.

>If you need a loan to expand, lender is likely to want some control over how a restaurant is run rather than leaving it up to workers

Co-ops get loans all the time. You just need a governance structure of some sort and collateral for a loan.