#72: How to Work Strategically on Your Restaurant Business
May 17, 2023 by David Scott Peters
The restaurant business is one that is full of daily distractions that make it easy to avoid working strategically. Sometimes it feels like it takes more work to be strategic than it does to just get the work done. And what does working strategically even mean?
In this episode of my podcast, The Restaurant Prosperity Formula, I talk about what it really means to work strategically on your restaurant business and what you can do to ensure you are. Your role as a restaurant owner is to work on budgets, marketing, developing your managers, leading your team and holding them accountable. Creating time in your schedule to take on these responsibilities without getting lost in the day-to-day details of running a restaurant takes strategic planning and thinking.
Tune into this podcast episode to hear me articulate a 4-step process to ensure you're working strategically on your business.
Remember, working strategically on your restaurant business is an ongoing process. It takes dedication, hard work, and a willingness to adapt to change. But with the right mindset and approach, you can achieve the success you've always dreamed of. So go out there and make it happen! Follow these five steps I have outlined for you and remember to take action!
Learn the 3 principles the most successful restaurant owners follow and how you can learn to follow them, too: https://dsp.coach/principlesx3
Sponsor – Repeat Returns: http://repeatreturns.com/dsp
This episode is being brought to you by Repeat Returns. If you’re a restaurant owner of a medium to high-volume independent restaurant, multi-unit or franchise operator and you’re looking for a proven and realistic solution to attract, grow, and retain customers... then you really need to visit Repeat Returns. Repeat Returns is a modern marketing platform created by a restaurant owner for restaurant owners... It studies each customer’s habits and patterns, predicts the most profitable outcome for your restaurant every single day, and deploys the marketing to make that happen. You never lift a finger. Click here to see if Repeat Returns is right for you.
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