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What a Restaurant Coach Should Do

restaurant coach Jun 08, 2021

What is a restaurant coach and what should you expect from a coach? Why do you need a coach in the first place? Back in 2003, when I first started coaching independent restaurant owners, I viewed myself as a sort of corporate officer for independents, much like how franchisees have a corporate office. I was a hub for independent operators, teaching them systems and providing support. But as much as I taught them the ins and outs of running a restaurant, there were so many who couldn’t...

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What Restaurant Owners Can Do to Overcome Daily Obstacles

In episode 21 of my podcast, The Restaurant Prosperity Formula, I'm talking about the challenges restaurant owners are facing today from employee burnout and labor shortage to the need for stronger management and leadership.

My guest for this episode, Darren Denington, has 30 years of experience in the hospitality industry and has an extensive background as a food and beverage director, executive chef, general manager, restaurant owner, staff trainer, restaurant coach and...

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The Basics of Restaurant Management

Whether you're a restaurant owner, wanting to know what you should be expecting from your management team, or you are a manager trying to learn what it takes to be the best you can, understanding the basics of restaurant management is critical. That is exactly what I’m going to cover. Click below or keep scrolling to read six things to have in place to execute the basics of restaurant management.

Running a restaurant has not fundamentally changed in decades. Take care of guests and...

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What Is a Good Profit Margin for Restaurants

What is a good profit margin for a restaurant? Have you been searching for a magic number? Do you want to know where you stack up against the competition? Are you worried that you're leaving a lot of money on the table, or are you just looking to make money for the first time? If you’re looking for the answer, allow me to explain two truths about restaurant profits and your restaurant’s potential.

First, before you can get to the true profit margin potential for your restaurant,...

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How Restaurant Owners Can Overcome Burnout

In episode 20 of my podcast, The Restaurant Prosperity Formula, I'm talking about the number one issue that is a burden in our industry right now. You might think I’m talking about a shortage of employees, but I’m really talking about burnout. Let’s talk about what you can do to fight off the negative effects of restaurant burnout and what you need to do to leave it in your rearview mirror.

I know your struggle because I see it every day with my members in my...

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How to Run a Restaurant Successfully

It's been over a year dealing with the pandemic and all the business restrictions, and it's been no fun. The problem of no sales was replaced with no employees as our guests make their way back into our restaurants. You’re still working harder than you want today and that will probably be true for a little while longer. To give you some hope and something to look forward to, I want to remind you how to run a restaurant successfully once the crisis mode is passed. Click below to watch...

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3 Ways Jon Taffer’s Bar Rescue Sets Unrealistic Expectations

Do you watch the reality bar and restaurant shows? Truth be told, I can only watch them when my wife isn't around because she hates it when I actually yell at the TV. In this case, I want to share with you three ways Jon Taffer’s Bar Rescue sets unrealistic expectations for restaurant and bar owners not featured on his show. Click below or keep scrolling to read what I respect about his process and why it sets unrealistic expectations.

I recently watched an episode of...

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A Restaurant Owner Intervention

Let’s talk about why being the best at everything could be your downfall and how you could be enabling everyone on your team to not succeed. In this episode of The Restaurant Prosperity Formula Podcast, I talk about my own enabling behaviors in the workplace that I eventually turned around to make me a more successful manager and a less stressed one. Click below to listen to the podcast episode.

 

Being an enabler in the restaurant business is you providing your employees and...

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Why Most Restaurant Operators Never Create a Budget

I've been preaching the importance of having a restaurant budget since becoming a restaurant coach in 2003. In fact, I can tell you, if you don’t want to depend on dumb luck, your budget is critical to your restaurant’s success. So why don’t more restaurant operators have and use a budget? What does the thought of creating a restaurant budget make your skin crawl? Let me shed some light on the dreaded restaurant budget using six common excuses why independent operators...

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Restaurant Budget: How to Build Your Plan to Profitability and Freedom

restaurant budget Apr 27, 2021

Have you ever found yourself going to last page of your profit loss statement just to see if you made or lost money? Have you ever been disappointed at the final number and just said your favorite F word and then throwing it on your desk? And that's about all you do with the profit and loss statement, right? If you want to understand a restaurant budget and how to build your plan to profitability and freedom, don't go anywhere. Watch this tip or keep scrolling to read why that profit and loss...

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