I get that this business can be all-consuming, but if you don’t put systems in place now, you’ll be spinning your wheels forever. This business is hard enough so you might as well be creating an “Exit Strategy” for the future. This way you get options.
In this latest episode, my friend and industry PRO Jaime Oikle of www.runningrestaurants.com and I discuss why you should probably close your restaurant one or two days a week. Unless you’re in Las Vegas or a major destination with constant traffic, you just might be losing money staying open on your slow nights.
Listen as we walk you through a simple daily Break-Even exercise which will show you exactly how much you need to ring in sales each and every day. This quick listen is time well spent to really dial in your operation and most important save and boost your Profits!
Listen to this latest episode as we walk you through a simple and effective Inventory system, which is Job 1 to calculate your all-important food costs. This quick listen is time well spent to really dial in your kitchen and most important, your Profits!
In my last episode #57 we calculated your Profit per Dish in every category. Now armed with this powerful information, the Product Mix Report (PMIX) is the “key” that shows your restaurant’s volume of sales for every product on the menu. All you do is plug in a particular date range (at least a month or two) and see if your Most Profitable Items are your restaurant’s Biggest Sellers… If Not, time to do some menu tweaking to maximize your restaurant profits!
You’ve got to listen to my next series of Podcasts and this one in particular… I’m working with my friend and industry PRO Jaime Oikle of www.runningrestaurants.com and together, we’re going to Rock Your Restaurant! In these next few podcasts, we’ll take you on a profit maximizing ride covering some simple systems you can use immediately to lower your costs, dial in your restaurant’s critical numbers and make more money. Stay tuned for the bottom line skinny!
We’re going to take you on a profit maximizing ride covering some simple systems you can use immediately to lower your costs, dial in your restaurant’s critical numbers and make your operation super-efficient.
Listen as I interview Joel Montaniel, the head of SevenRooms.com who has developed a cutting-edge app that allows your restaurant, hotel or hospitality staff to treat every customer like your Most Important Customer. Now your operation has a powerful service and marketing tool to tap into powerful guest profiles from any device even from away, manage your reservation book, know in an instant your customer’s preferences and so much more. SevenRooms is also your database whether you have one location or multiple locations.
Its the Holidays and there’s no better time to sell more Gift Cards!
This time of year is a cash injection in your business that can bring in hundreds even thousands of extra dollars in the next 3 weeks!
Listen to this episode as I give you some simple and very effective marketing ideas to make your cash register ring this holiday season… you might even learn a few secrets you can use all year long to boost your sales and build your restaurant’s brand.
If you missed my earlier episode about the Uncorkd APP, listen to part 2 as we talk about Beverage Menu Analytics and how you can use Uncorkd to boost your sales and marketing firepower.
I’ve always believed there are 3 very important elements to any successful restaurant – Food, Service & Ambiance and to really get the buzz going for your place, you’ve got to nail all three.
I happened to visit a well-known major chain restaurant recently and the experience really knocked my socks off and my kids were pretty impressed too. They wanted to take our server home with them, but I’ll get to that.