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budget

Home » budget » Page 3
 Examples of How Not to Give Comps in Your Restaurant
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By Fred Langley
In 1. David Scott Peters, bar, budget, Increase sales
Posted March 23, 2017

Examples of How Not to Give Comps in Your Restaurant

There are many examples of how not to give comps in a restaurant. In a recent article about setting a budget for comps in a restaurant, I outlined how to use comps correctly in a restaurant, [...]

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 How to Set a Budget for Comps in Your Restaurant
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By Fred Langley
In 1. David Scott Peters, budget, Marketing, SMART Systems, The Numbers
Posted February 24, 2017

How to Set a Budget for Comps in Your Restaurant

  In the hospitality industry, comps happen on a routine basis. We see a regular at our bar and sometimes just buy them a drink to thank them for making our bar their home away from home. We [...]

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 Tips for Using a Restaurant Budget
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By Fred Langley
In 1. David Scott Peters, budget, Food Costs, Restaurant Management, SMART Systems
Posted October 10, 2016

Tips for Using a Restaurant Budget

Most all independent restaurant owners use their “gut” to budget their restaurants instead of the real numbers. I’m here to tell you that it’s not enough. Your restaurant budget is a guide to [...]

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 5 Myths About Running Your Own Restaurant
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By Fred Langley
In 8. Guest Bloggers, budget, Communication, Employees, Guest Bloggers, Leadership, Restaurant Management
Posted October 5, 2016

5 Myths About Running Your Own Restaurant

Be it a fine-dining experience, or a quaint coffee shop, opening and running your own restaurant is a dream for many. Whether you’re fresh out of college, full of drive and passion, or you’ve [...]

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 The Trick to Knowing the Correct Restaurant Pour Cost
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By Fred Langley
In 1. David Scott Peters, budget, Food Costs, SMART Systems, The Numbers
Posted October 4, 2016

The Trick to Knowing the Correct Restaurant Pour Cost

If your restaurant pour cost is too high but you don’t know where to cut off the bleeding, watch this video. If you often order too much product and experience it spoiling, this video is [...]

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 The 1 Number You Must Know to Make Money in Restaurants
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By Fred Langley
In 1. David Scott Peters, budget, Food Costs, Labor, SMART Systems, The Numbers
Posted September 26, 2016

The 1 Number You Must Know to Make Money in Restaurants

If you’re struggling to find a way to make the money you deserve in your restaurant, then this video is for you. David teaches you the one number you must know to make money in the [...]

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 How to Use a Budget to Predict Restaurant Profitability
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By Fred Langley
In 1. David Scott Peters, budget, Food Costs, SMART Systems, Video Blog
Posted September 20, 2016

How to Use a Budget to Predict Restaurant Profitability

If you wish you could make more money in your restaurant, let me tell you how to use this system: a restaurant budget. Have you ever said this? “I don’t need a restaurant budget. I know my [...]

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 DOL’s Final Rules Updating Overtime Exemptions Affects Restaurants
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By Fred Langley
In 8. Guest Bloggers, budget, Labor
Posted May 26, 2016

DOL’s Final Rules Updating Overtime Exemptions Affects Restaurants

By Shelby Lile Attorney, Gust Rosenfeld On May 18, 2016, the Department of Labor (DOL) announced its final rule updating overtime exemptions. The rule will affect white collar workers, or those [...]

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 3 Parts of a Restaurant Owner’s Job
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By Fred Langley
In 1. David Scott Peters, budget, Leadership, SMART Systems
Posted March 7, 2016

3 Parts of a Restaurant Owner’s Job

Hey there, restaurant owner, I have a question for you. What is a restaurant owner’s job? What should a restaurant owner be working on? I hope you don’t tell me: Working the line [...]

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 Safeguard Your Restaurant’s Cash Flow
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By Fred Langley
In 1. David Scott Peters, budget, Inventory, SMART Systems
Posted February 15, 2016

Safeguard Your Restaurant’s Cash Flow

If you want to protect your restaurant’s cash flow, run a successful and profitable restaurant where guests come to enjoy a great meal and experience, and where your employees enjoy coming [...]

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