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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]