Average Restaurant Profit Margin for Independent Operators Jun 07, 2022

What do you think the average profit margin is for an independent restaurant? What if I told you that even in these challenging times, most restaurant owners are setting their sights too low? Continue reading, or click below, to learn exactly what I mean. 

Years ago, I remember the National...

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Use Menu Engineering to Combat Rising Food Costs and Inflation - Ep 47 Jun 01, 2022

Inflation is hitting home for restaurant owners as the cost of food and other essential products have been on the rise for months. What's a restaurant owner to do? The short answer is it’s time to use menu engineering. In this episode of “The Restaurant Prosperity Formula”...

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To Feed Restaurant Staff or Not to Feed Them May 31, 2022

Are you struggling with what to do when it comes to feeding your restaurant staff? I have seen and experienced a lot of things in my 30-plus years in the restaurant business, including all the different ways you can go about feeding your restaurant staff. There are pros and cons to them all, so I...

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Before You Get to Recipe Costing Cards You Can Use These Restaurant Management Systems May 24, 2022

Is your restaurant food cost out of control? Has the rising cost of food products started to rob you of your ability to make money in your restaurant? Are you not ready to put the time in to doing recipe costing cards? Because if not, what do you do? What can you do to lower your food costs...

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What To Do When Actual Food Cost Is Much Higher than Ideal Food Cost May 18, 2022

A common question I get from restaurant owners is, “Why is my actual food cost so high and why is it so much more than my ideal food cost?” The second part of that question is what to do if your actual food cost is running much higher than your ideal food cost. These are age-old...

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How Do You Know What to Change without a Restaurant Budget May 17, 2022

 First there were business restrictions from a pandemic, then there were product shortages, then there was the Great Resignation and now inflation. This means for the past two years now you've been battling higher labor costs and higher cost of goods sold along with a bunch of profit-robbing...

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Teach Restaurant Staff How to Upsell without Turning Off Customers May 10, 2022

Too many restaurant staff are afraid of upselling. Servers and bartenders don't want to come across as pushy, or they think they're taking advantage of the guest. When they think of upselling this way, they just won't do it. And while nobody likes to be sold to, the best salespeople are working...

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Example for How to Increase Restaurant Sales $250K in 1 Year May 04, 2022

Restaurant marketing is the first thing most restaurant owners think of when they want to increase restaurant sales, and I’m the first to tell you I’m not a restaurant marketer. But I can show you an example of how to increase restaurant sales by $250,000 in one year without...

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Are Your Restaurant Employees Stealing from You May 03, 2022

Are your restaurant employees stealing from you? I hate to be the bearer of bad news, but the answer is yes. Stay with me to learn how you’re leaving yourself vulnerable to employee theft and what you can do about it.

This tip is not about how awful restaurant employees are and how they...

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How to Run a Restaurant: Take Inventory Weekly Apr 26, 2022

 Do the words weekly inventory give you the hives? Does your mind immediately go to something else to avoid even thinking about it? If this is you, it's OK. I know you know it's important. Stay with me, and I'll share with you how you can make the process so much easier and complete a food...

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Why Your Restaurant Business Success Depends on You Embracing Change Apr 20, 2022

 I don't need to tell you that running a restaurant has always been full of challenges. You’re living it. Right now you’re dealing with costs increasing at a record pace and a real labor shortage. You already know you can't keep doing what you've always been doing. Something must...

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3 Things Restaurant Owners Taught Me Apr 19, 2022

I've been coaching restaurant owners since 2003, and I can tell you I learn every day from my members. I coach restaurant owners one on one and in a group setting. What is amazing about group coaching calls is the masterminding that goes on and how each restaurant owner helps their fellow...

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