In this episode of The Restaurant Prosperity Formula podcast, I talk with restaurant owner Karen Fagnilli, owner of The Lake House Inn Resort in Ohio on Lake Erie. Karen and her family purchased the inn about 20 years ago and added the restaurant in 2005. Then in 2012, they expanded the...
Running a restaurant in 2021 is a challenge no one has ever faced before. Food cost has become a bigger issue than ever before and that’s saying a lot considering most independent restaurants are running a restaurant 7–9 points above their ideal food cost in the best of times. You...
Menu engineering to control restaurant food costs can be one of the most powerful tools an independent restaurant can have at their disposal. If you want to make the most profit on your menu, you have to reengineer it. But menu engineering is often thought of as a way to guide your customers into...
The topic of this latest podcast episode again centers around the crisis restaurant owners find themselves in due to the re-enabled COVID-19 business restrictions. This episode is a result of so many of my members facing dining room closures, a Congress that has ignored the cries of the...
Do you want to hear about how to run a successful restaurant explained with plans for post-lockdown? Right now, operating with COIVD-19 restrictions feels like you are taking a beating. You're going up against Rocky in the first Rocky, and you are just getting beat to hell. But I’m here to...
A restaurant owner salary is dependent on a few factors, but most importantly, restaurant owners must understand the importance of receiving a paycheck. Let’s explore some of the reasons here. Click the video below or keep scrolling to read more about restaurant owner salary for...
In this episode of The Restaurant Prosperity Formula podcast, host David Scott Peters talks to Steve Eller, restaurant owner of Cosmic Cowboy in Idaho and Washington. David and Steve talk through Steve’s experience adopting and working with David’s restaurant systems to learn how to...
Are you out there looking for the restaurant break even analysis to increase the success of your independent restaurant? Have all the rising costs been gobbling up your profits like a flock of pigeons on the boardwalk outside a roasted peanuts store? Are you exhausted because you've been working...
In normal times, restaurant owners are always looking for ways to increase sales, but today, with all the COVID-19 business restrictions, the search for ideas is more frantic. While the instinct is there to be looking to increase restaurant sales, I want to point you toward the second strategy to...
The topic for this episode of my podcast, The Restaurant Prosperity Formula, centers on the story of one restaurant owner who learned how to change her business to not only survive the COVID crisis, but thrive and get her life back.
Emmy Barnick is the owner of the Captain's Cabin in Washburn,...
Are you looking for the answer to how to run a successful restaurant with pandemic conditions? Is there a manual for that? Nope! We've never seen this before. It's crazy. Think about this though. Do you remember when you opened your restaurant? You remember how people said you were crazy? Do you...
Wouldn't it be nice to know how to run a restaurant successfully in uncertainty? Running your restaurant during the COVID-19 pandemic feels like trying to navigate your way home through a raging forest fire, like the ones that ravage the West Coast. It's frightening. If you take action too late,...
