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The Numbers

Home » The Numbers » Page 3
 How to Overcome Restaurant Minimum Wage Increases
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By Fred Langley
In 1. David Scott Peters, Food Costs, Labor, The Numbers
Posted November 9, 2017

How to Overcome Restaurant Minimum Wage Increases

Since I’ve already told you in this article there are not enough labor controls you can put into place to overcome restaurant minimum wage increases, here are some of the changes you can make to [...]

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 Overcoming Increases in Minimum Wage in Restaurants
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By Fred Langley
In 1. David Scott Peters, budget, Food Costs, Operations, The Numbers
Posted November 9, 2017

Overcoming Increases in Minimum Wage in Restaurants

Let me start off by being very clear… this is not a political article, it’s a business article. I don’t care what side of the political fence you live on, my goal is to teach you what you need to [...]

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 Restaurant Prime Cost Formula
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By Fred Langley
In 1. David Scott Peters, budget, The Numbers
Posted August 17, 2017

Restaurant Prime Cost Formula

  The restaurant prime cost formula is the most important calculation in your restaurant. I bet you’ve heard that a typical restaurant makes a nickel to 8 cents on every dollar they bring [...]

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 Why Managers Are Key to Restaurant Profits
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By Fred Langley
In 1. David Scott Peters, Employees, The Numbers, Training, Video Blog
Posted June 8, 2017

Why Managers Are Key to Restaurant Profits

Learn the one number you must know to have any chance of making money in the restaurant business as well as why managers are key to restaurant profits. Old timers in the restaurant business [...]

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 How to Determine Your Restaurant Profit Margin
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By Fred Langley
In 1. David Scott Peters, Food Costs, Labor, The Numbers, Video Blog
Posted May 11, 2017

How to Determine Your Restaurant Profit Margin

Are you wondering how to know what your restaurant profit margin should be? Let me tell you what it could be. Before you an determine where your restaurant’s profit margin should be, you [...]

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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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 When to Use Void vs Comp in Your Restaurant
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By Fred Langley
In 1. David Scott Peters, Communication, Food Costs, SMART Systems, The Numbers
Posted November 4, 2016

When to Use Void vs Comp in Your Restaurant

Knowing when to use a void vs comp in your restaurant affects your gross sales! Do you look at your profit and loss statement and see a food cost, pour cost or labor cost that seems too high? [...]

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 How to Lower Restaurant Labor Cost
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By Fred Langley
In 1. David Scott Peters, Employees, Labor, The Numbers, Training
Posted October 21, 2016

How to Lower Restaurant Labor Cost

Want to lower restaurant labor cost? Look to your time clock. It’s a prime area where restaurant owners get robbed on labor costs. Theft happens at the time clock whenever you are not [...]

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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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