Sometimes it feels like it’s getting harder and harder to make money in the restaurant industry as an independent restaurant. Well, that's because it is. You’re dealing with rising food and beverage costs, increased labor costs, a labor shortage, costs forced on you by third-party...

Are you wondering how to calculate restaurant labor cost or whether you're doing it the right way? Restaurant labor cost is often a restaurant's biggest expense, other than an empty chair in your restaurant. Calculating your restaurant labor costs correctly is critical to you making money or...

Restaurant prime cost for an independent owner is a critical formula to know. Experts like me, we throw it around like everybody knows restaurant prime cost when a lot of independent operators don't know their own prime cost percentage. Watch the video below or keep scrolling to read to get...

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...

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...