Set Prices to Avoid Mistakes – Part 2
By David Scott Peters Restaurant Tip of the Week Keep drink prices based only on quarters. Prices ending in 25 cents, 50 cents or 75 cents are easier for bartenders and servers to add mentally. [...]
Set prices to avoid mistakes – Part 1
By David Scott Peters Restaurant Tip of the Week Establish major price categories to reduce errors Group products together based on their wholesale costs. Use a standard increment such as a [...]
Plan for the BIG days – Part 3
By David Scott Peters Restaurant Tip of the Week Know when Friday isn’t Friday anymore One of the easiest things to overlook is when planning for the BIG days is noting which day the event fell. [...]
In Your Restaurant PLAN for the Big Days – Part 2
By David Scott Peters Restaurant Tip of the Week Make a special event and holiday checklist Piggybacking on the tip, “Plan for the Big Day – Part 1,” develop a checklist so [...]
In Your Restaurant PLAN for the Big Days – Part 1
By David Scott Peters Restaurant Tip of the Week Gather the right tools to plan Every restaurant is impacted by the BIG holidays every year, such as Valentine’s Day, Fourth of July and Christmas. [...]
Know What to Charge in Your Restaurant
By David Scott Peters Restaurant Tip of the Week Maximize your profit potential Pricing is a critical decision for any operator. So how do you figure out what to charge? It’s up to you to decide [...]
Market Surveys to Set Pricing
By David Scott Peters Restaurant Tip of the Week Use a market survey to check your business When deciding what to charge for your menu and drink items, it’s helpful to know what others around you [...]
Find and Use a Mastermind Group
By David Scott Peters Restaurant Tip of the Week One brain is not as powerful as 20 together A mastermind group is a group of peers with whom you can bounce ideas around without fear of judgment, [...]
Identify the Gaps in Your Restaurant Menu and Services
By David Scott Peters Restaurant Tip of the Week Analyze your menu and services to see if there’s anything you should be offering to capture more customers and more sales. Ask yourself the [...]
Offer the Right Mix to Get the Most Customers for Your Restaurant
By David Scott Peters Restaurant Tip of the Week Don’t Lose Out on Customers Because Your Offerings Are Limited You know how Mexican restaurants always have the American hamburger on their menu? [...]
