Why Most Restaurant Operators Never Create a Budget

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 use a budget? What does the thought of creating a restaurant budget make your skin crawl? Let me shed some light on the dreaded restaurant budget using six common excuses why independent operators...

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Restaurant Budget: How to Build Your Plan to Profitability and Freedom

restaurant budget 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 statement, right? If you want to understand a restaurant budget and how to build your plan to profitability and freedom, don't go anywhere. Watch this tip or keep scrolling to read why that profit and loss...

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Restaurant Budgeting 101

Restaurant budgeting 101 is a great place to start when it comes to trying to figure out your restaurant’s numbers. I’ve never wavered that the two most important systems any restaurant should have are budgets and recipe costing cards. Why? Because they're critical to your success. Let’s leave recipe costing cards on the table for now and focus on restaurant budgeting. Click the video below or keep scrolling for restaurant budgeting 101.

Let me start off by explaining the...

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Menu Engineering to Control Restaurant Food Cost

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 ordering what you want them to order. And while there are some design tips and ways to describe your food that increase sales of the items you want to sell, most restaurant owners aren't maximizing...

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How to Run a Successful Restaurant: Plans for Post-lockdown

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 tell you there's a way to get through this, to make money again, to keep people employed, to bring your customers back. Watch the video below or keep scrolling to read three things to include in your...

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Restaurant Solutions to Effectively Lower Labor Cost

If you’re an independent restaurant owner looking for restaurant solutions, I am going to give you three restaurant solutions to lower labor cost. These restaurant systems are a guide to lowering labor cost and hitting your target labor hours. Watch this video, or continue scrolling, to learn three effective solutions for controlling your restaurant labor cost.

With COVID-19 we're seeing restaurant sales drop, restaurant food costs go through the roof and restaurant labor costs go...

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Systems to Have When Running a Restaurant

I was thinking about how to answer the question, "What does it take to be successful in the restaurant business?" If you want to be successful running a restaurant, you should know three key things. Watch this video, or continue scrolling, to learn those three key things.

About What It Takes for Running a Restaurant Successfully

I've worked with thousands of restaurant owners over the years all over the country. I've seen more P&Ls than an IRS auditor. I also ran a restaurant coaching...

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