There is a right way to track restaurant sales to ensure you are accurately calculating your restaurant prime cost, which is your guiding number for profitability. Just in case you’re new to the [...]
Want to reduce your food cost by 3-5% buying the same products you’re buying today? I’m going to show you how. In this video I explain which report to order from your distributor to [...]
I bet you’ve heard that a typical restaurant makes a nickel to 8 cents on every dollar they bring in. I bet you’ve heard about the study Ohio State University did more than a decade ago where [...]
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 [...]
Last week, I outlined portioning techniques as a way to trim food costs without cutting labor because not having enough staff can be a disaster. This week I’ve outlined ways to stretch your food [...]
Everyone has a phrase that when they hear it, they just want to go nuts. For me, there are four phrases that are like nails on a chalkboard. And I probably hear one of these phrases on a weekly [...]
When you are struggling to cut food costs and bring down your prime cost number, it is always easier to focus on your cost of goods sold rather than cutting labor. Not having enough staff can be [...]
I tell all the restaurant owners I meet: You need help. You cannot do everything we teach on your own. And really, it’s pretty simple to say, “I need help.” The challenge is getting the help. [...]
The little boy answered, “I know, but this way I know I won’t make any mistakes and won’t hurt myself.” Once there was a little boy who wanted to learn how to ride a bike. He asked for a bike [...]
Guest Blog Post By Patrick Solum of Retail Data Systems Experts predicting a “tsunami of viruses” as operating system support ends. Let’s face it, the media loves a technical disaster story. In [...]