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...
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 your restaurant.
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,...
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