Restaurant Accounting to Know to Run a Successful Restaurant Jun 16, 2021

In episode 22 of my podcast, The Restaurant Prosperity Formula, Anne Gannon, CPA of The Largo Group, and I offer our insight and experience on what the most successful restaurant owners we work with know about their restaurant’s numbers.

This episode is important because most restaurant...

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You Know You're An Entrepreneur When... Jun 15, 2021

Let’s have a little fun and play a game I like to call, “You Know You're an Entrepreneur When…” Restaurant owners are definitely living that entrepreneur life, so join me and play along.

You know you're an entrepreneur when... you find yourself answering simple questions...

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What a Restaurant Coach Should Do Jun 08, 2021

What is a restaurant coach and what should you expect from a coach? Why do you need a coach in the first place? Back in 2003, when I first started coaching independent restaurant owners, I viewed myself as a sort of corporate officer for independents, much like how franchisees have a corporate...

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What Restaurant Owners Can Do to Overcome Daily Obstacles Jun 02, 2021

In episode 21 of my podcast, The Restaurant Prosperity Formula, I'm talking about the challenges restaurant owners are facing today from employee burnout and labor shortage to the need for stronger management and leadership.

My guest for this episode, Darren Denington, has 30...

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The Basics of Restaurant Management Jun 01, 2021

Whether you're a restaurant owner, wanting to know what you should be expecting from your management team, or you are a manager trying to learn what it takes to be the best you can, understanding the basics of restaurant management is critical. That is exactly what I’m going to cover. Click...

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What Is a Good Profit Margin for Restaurants May 25, 2021

What is a good profit margin for a restaurant? Have you been searching for a magic number? Do you want to know where you stack up against the competition? Are you worried that you're leaving a lot of money on the table, or are you just looking to make money for the first time? If you’re...

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How Restaurant Owners Can Overcome Burnout May 19, 2021

In episode 20 of my podcast, The Restaurant Prosperity Formula, I'm talking about the number one issue that is a burden in our industry right now. You might think I’m talking about a shortage of employees, but I’m really talking about burnout. Let’s talk about...

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How to Run a Restaurant Successfully May 18, 2021

It's been over a year dealing with the pandemic and all the business restrictions, and it's been no fun. The problem of no sales was replaced with no employees as our guests make their way back into our restaurants. You’re still working harder than you want today and that will probably be...

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3 Ways Jon Taffer’s Bar Rescue Sets Unrealistic Expectations May 11, 2021

Do you watch the reality bar and restaurant shows? Truth be told, I can only watch them when my wife isn't around because she hates it when I actually yell at the TV. In this case, I want to share with you three ways Jon Taffer’s Bar Rescue sets unrealistic expectations for...

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A Restaurant Owner Intervention May 05, 2021

Let’s talk about why being the best at everything could be your downfall and how you could be enabling everyone on your team to not succeed. In this episode of The Restaurant Prosperity Formula Podcast, I talk about my own enabling behaviors in the workplace that I eventually turned around...

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Why Most Restaurant Operators Never Create a Budget May 04, 2021

I've been preaching the importance of having a restaurant budget since becoming a restaurant coach in 2003. In fact, I can tell you, if you don’t want to depend on dumb luck, your budget is critical to your restaurant’s success. So why don’t more restaurant operators have and...

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Restaurant Budget: How to Build Your Plan to Profitability and Freedom Apr 27, 2021

Have you ever found yourself going to last page of your profit loss statement just to see if you made or lost money? Have you ever been disappointed at the final number and just said your favorite F word and then throwing it on your desk? And that's about all you do with the profit and loss...

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