The U.S. and most of the world are experiencing a major labor shortage, making restaurant owners operate in fear mode, constantly worrying about restaurant staffing. In this episode of Restaurant Prosperity Formula, I’m talking with Ryan James, who, along with his wife, Neely, owns...
When it comes to the development of your restaurant business plan vs your restaurant reality today, can you think back to the passion you had when you developed that plan? Can you remember the excitement of making your dream a reality? You had a good restaurant business plan. It might have...
Food prices have been rising at record rates since the pandemic started almost two years ago and lower prices aren't on the radar for at least for the near future. Beyond menu engineering or signing up for a prime vendor agreement, what can a restaurant owner do as a quick fix to lower food cost?...
The restaurant industry is known for being stressful and people who work in it tend to thrive in the fast-paced, adrenaline-fueled environment. It’s also known for being an industry where people turn to unhealthy coping mechanisms such as self-medication with alcohol, drugs, etc. It’s...
Do the words “recipe costing cards” give you the hives, kind of make your skin crawl with discomfort? It’s a very common response! You know you need them, but maybe you're not 100% sure what the steps are to follow for costing out ingredients and for the costing out of the...
Are you struggling to manage your management team? Do you feel like you know what to expect from them on a daily basis, but it just isn't happening? Understanding what they should be doing isn’t enough. Strong managers are essential if you’re a restaurant owner who wants a life...
Restaurant technology is a hard topic, especially when it comes to deciding how restaurant technology can benefit your business specifically. My guest today is the only person I can think of who can do it justice and make it clear. Jeremy Julian is the host and producer of The Restaurant...
If I had a dollar for every restaurant owner who's asked me, “What should I have my restaurant managers do,” I would be a multi multimillionaire. If you're wondering the same thing, I’m going to answer this question for you. I can't wait to shine a spotlight on what you should...
You've heard of the Great Recession, but have you heard of the Great Resignation? The term describes the labor crisis we're suffering through here in 2021. And honestly, I don't see it changing in 2022 based on what I'm seeing today. What should you be doing today to attract and keep employees...
I don’t need to tell you about the labor crisis in the restaurant and hospitality industry. You’re living it day in and day out, running short-staffed or running with less-than-ideal employees. In fact, Restaurant Business reported in an online article entitled “Restaurant...
Does restaurant accounting make you feel like you're 10 years old, sitting at your school desk and it was the first time you were asked to solve for X? Can you remember the feeling? Like, this has got to be a foreign language! For so many, all these years later, they still struggle to...
No matter how many years you've been in the restaurant industry, you see restaurant owners make the same mistakes all the time. Heck, maybe you've made some. I want to share with you the mistakes I see restaurant owners make all the time so you can avoid them.
Look, the restaurant business is...
