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Tag Archives for: "restaurant expert"
Home » restaurant expert
 How to Track Restaurant Sales Correctly
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By Fred Langley
In 1. David Scott Peters, budget, Sales, The Numbers
Posted January 23, 2018

How to Track Restaurant Sales Correctly

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 [...]

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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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 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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 Use Descending Dollar Report to Lower Food Cost
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By Fred Langley
In 1. David Scott Peters, Food Costs, Inventory, Restaurant Management, SMART Systems
Posted October 18, 2016

Use Descending Dollar Report to Lower Food Cost

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 [...]

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 What Is Your Restaurant’s Ideal Prime Cost Makeup
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By Fred Langley
In 1. David Scott Peters, Food Costs, Labor, Restaurant Management, SMART Systems
Posted October 14, 2016

What Is Your Restaurant’s Ideal Prime Cost Makeup

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 [...]

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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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 Use Recipe Costing Cards to Keep Restaurant and Catering Costs Separate
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By Fred Langley
In 1. David Scott Peters, Catering, Food Costs, SMART Systems, The Numbers
Posted September 15, 2016

Use Recipe Costing Cards to Keep Restaurant and Catering Costs Separate

Recipe Costing Cards Keep Restaurant and Catering Costs Separate Most restaurant owners who launch or already have a catering division ask me for tips on keeping the costs of their two businesses [...]

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 Keeping Food Costs Straight: Restaurant vs. Catering
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By Fred Langley
In 1. David Scott Peters, Catering, Food Costs, SMART Systems, The Numbers
Posted September 15, 2016

Keeping Food Costs Straight: Restaurant vs. Catering

Keeping Catering Costs Separate from Restaurant Costs A great way to make more money in your restaurant is to increase sales in the restaurant without adding more seats. Catering magically [...]

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 A Restaurant Owner’s Job Is to be a Leader
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By Fred Langley
In 1. David Scott Peters, Leadership
Posted March 7, 2016

A Restaurant Owner’s Job Is to be a Leader

To be successful in the restaurant business takes strong leadership. And the reality is restaurant leadership doesn’t come naturally to everyone. In this post I reviewed why a restaurant [...]

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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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