If I had a dollar for every restaurant owner who is looking for a restaurant pricing strategy to get more bang for their buck, I would be worth a ton of money! Why? Because everyone ties making money with increased sales and the easiest way to increase your sales is to raise your prices. But there’s...

Menu engineering is a popular search topic. It’s a buzzword and, when done right, can have a big impact on your restaurant’s sales. To do restaurant menu engineering correctly, you have to make sure you’re using proper restaurant management systems, whether it’s software or spreadsheets with formula...

In this episode of The Restaurant Prosperity Formula podcast, host David Scott Peters welcomes back Darren Denington, CFBE, founder of Service with Style. Darren has more than 30 years of experience in the hospitality industry and has an extensive background as a food and beverage director, executiv...

When it comes to restaurant menu pricing strategies, what approach do you take in your independent restaurant? Do you just look at what your competitors are charging? Do you think about what you think people would be willing to pay for an item? Or do you just ask your chef or kitchen manager to look...

Food costs have been rising on a weekly basis for darn near two decades now. Most restaurant operators are quick to attribute their high food cost to these price changes. On top of that, the echo chamber of the Internet keeps compounding the problem, feeding you bad information like the average food...

If you’re working in your restaurant because you have a passion for hospitality and your restaurant is a dream you made come true, but you struggle to thrive in your business and your personal life, this episode of The Restaurant Prosperity Formula podcast is here to offer you inspiration.

This w...

Restaurant food cost is one of the biggest challenges for independent restaurant owners to manage. And there are so many factors about food cost that you can’t control. But even with all the things you can’t control, I can think of 10 restaurant management tips for controlling food cost. Click to wa...

Your restaurant POS system is more than an expensive cash register. It’s full of data and reports you can use in your restaurant management. Here are some key ways your restaurant POS system is a tool you can use for the better. Click below to watch the tip via video or keep scrolling to read it. 

To achieve prosperity in your restaurant – including cash flow and time away from your restaurant – you have to follow a very specific formula made up of leadership systems, training, accountability and taking action. In this latest episode of my podcast, The Restaurant Prosperity Formula, I talk to...

Running a restaurant is one of the hardest jobs out there, especially when you’re an independent restaurant. You’re on your own and don’t have corporate office support. Let me be your corporate office and share how to correct common mistakes restaurant operators make. You’ll be more successful in yo...

Of all the restaurant management systems every independent uses daily, one is critical. If you're tired of chasing your management team for important information, tired of hearing them tell you they didn't know what you wanted or hearing a long laundry list of excuses why things didn't get done, you...

I'm so excited for this new year, for 2021 to be here. I want to look forward and talk about your opportunities in this new year. 

In 2020, when the pandemic first hit, the restaurant industry was on pace to have a banner year. Sales were soaring for almost every restaurant operator in the U.S. I...