If I were to ask you why you think your food cost is so high, what do you think you would answer? I bet you would tell me it’s the cost of your products. While rising prices can and will [...]
Want your restaurant to be successful? Establish a mission statement for your restaurant and set goals for yourself. Having a vision for your restaurant is essential to running your business [...]
When food costs rise, profit margins sink and restaurant owners must take action. In the last few weeks, you learned about the key item report, and the waste sheet. Now I will share one final [...]
By David Scott Peters Point of sale (POS) system is an expensive investment that must be fully utilized for its time-saving and valuable reporting features. Here are a few tips for making the [...]
When food costs rise, profit margins sink and restaurant owners must take action. And one vital solution is the key item report. The key item report is a daily tracking tool that puts the [...]
By David Scott Peters Are you serving liquor in your restaurant? Did you know if you don’t watch prices you may be pouring profits down the drain? Review these tips for more information: 1. [...]
By David Scott Peters Restaurant Tip of the Week Here are some of the most common ways bartenders steal: 1. Over-pouring 2. Giving away free drinks 3. Collecting the correct amount of money and [...]
By David Scott Peters We had an interesting discussion at an Elite meeting in Michigan where members come together to focus on a specific topic and use each others’ experience and knowledge [...]
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 [...]
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 [...]