Restaurant Menu Pricing Strategies That Work for Independent Operators Feb 23, 2021

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...

Continue Reading...
Restaurant Food Cost Saving Ideas for Independent Owners Feb 16, 2021

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...

Continue Reading...
Restaurateur Couple Shares How They Went from Hobbyists to Entrepreneurs - Podcast Episode 14 Feb 10, 2021

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.

...
Continue Reading...
Restaurant Management Tips for Controlling Food Cost Feb 09, 2021

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...

Continue Reading...
Restaurant Management System - Why Your POS System Matters Feb 02, 2021

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...

Continue Reading...
Restaurant Business Ideas Every Independent Can Follow for 2021 - Podcast Episode 13 Jan 27, 2021

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...

Continue Reading...
Restaurant Management Tips for Avoiding Common Operator Mistakes Jan 26, 2021

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....

Continue Reading...
Restaurant Management System Every Independent Must Use Daily Jan 19, 2021

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,...

Continue Reading...
Restaurant Management Tips for Independent Success in 2021 - Podcast Episode 12 Jan 13, 2021

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...

Continue Reading...
Restaurant Food Cost Tips for Independents Jan 12, 2021

When it comes to restaurant food cost in an independent operation, it’s important to remember that you don’t have to do it all. Restaurant food cost strategies can be delegated, which will give you, the owner, time to work on your restaurant’s financials, marketing and other...

Continue Reading...
How to Run a Restaurant that Competes with Chains and Franchises Jan 05, 2021

If you want to know how to run a restaurant that competes with the chains and franchises, buckle up. While it may seem like they have all the advantages and a steady flow of customers, they pay dearly for both of these things. If you want to run a restaurant that competes with chains and...

Continue Reading...
Running a Restaurant: One Owner's Journey Through the Pandemic - Podcast Episode 11 Dec 30, 2020

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...

Continue Reading...