If you're looking at a restaurant as a new business, the big question tends to be how much does it cost to open a restaurant? There is a lot of information out there and it's hard to figure out the true cost to open a restaurant. Watch this video, or continue reading below, for my take on the...

Would you like to know what the food cost percentage formula is for your restaurant? What if I told you there are actually three food cost percentages? Watch this video, or continue reading below, to learn what they are and how to calculate them. 

Most restaurant owners are paying attention...

Menu engineering is one way to increase restaurant sales. If you understand that your menu is a sales tool, you should maximize it to maximize your restaurant sales. Watch this video, or keep reading below, to learn more about menu engineering and what you need to do first to make it...

 Are you looking for that magical recipe cost calculator? Most restaurants don't use any kind of recipe cost calculator and have a higher food cost and lower profits because they don't know what their menu items cost to make. Watch this video to learn the magic of a recipe cost calculator...

Have you heard about prime cost and wondered what the definition of prime cost was? Restaurant prime cost is the one number you need to know and manage to make any money in the restaurant business. Watch this video (or keep reading) to learn the prime cost formula and where to find the numbers in...

Do you want to know how to run a restaurant successfully? How to make money in the restaurant business? Watch this video (or keep reading) to learn how to run a restaurant. 

As an expert in the restaurant industry, I have seen it all when it comes to restaurants. I've spent almost 30 years...

Understanding your food cost in your restaurant is very important. Let's cover the food cost formula. Watch this video (or keep reading) to learn the food cost formula.  

When you want to find your restaurant's food cost, it would be nice to have a food cost calculator. But since...

What are restaurant startup costs? A better question is what does every restaurant have to have in place before they can be truly successful?

Watch the video below (or keep reading) to learn the costs you must consider when starting up a restaurant.

Many restaurant owners operate from a more...

Do you know your prime cost? 

For decades, restaurants have been run with one key number in mind. This magic number ensures that the owners make money. It’s called prime cost. To old timers like me, it used to be called controllable expenses, in the control of management on a daily...

Hi restaurant friends! This is David Scott Peters, restaurant systems expert, speaker, trainer, coach and consultant. For the past 16 years, you've known me as the founder of TheRestaurantExpert.com and the creator or SMART Systems Pro, online restaurant management software.

After building the...