Run the Numbers!

Run the Numbers!

#64 - Run the Numbers!

In theory, running a business is a somewhat simple affair. You make a thing and then charge people more for that thing than it cost you to produce it. This is what it means to run a profitable business. And of course, that’s what all of us want, right? To build a business that is inherently profitable…

And yet, for years now in the restaurant industry, it’s been death by a thousand cuts. As all costs go up, profitability goes down. And still, as an industry, we’ve just held on tight… determined to maintain the status quo. And yet the numbers don’t lie. They never do. In fact, the numbers tell us what is and is not possible. And that's why this is the perfect time to be talking about this.

Best of all, I'm sharing my budget template... the one I built more than a decade ago, and use with all of my clients. It is available now on the Restaurant Strategy website.

CLICK HERE to get The ONLY Restaurant Budget You'll Ever Need

Episoder(545)

What is a Customer Journey Map?

What is a Customer Journey Map?

#9. What is a Customer Journey Map? What exactly is a Customer Journey Map? It’s a visual representation of the process a customer or prospect goes through to achieve a specific goal with your company...

24 Apr 201922min

Why Do You Want to Open a Restaurant?

Why Do You Want to Open a Restaurant?

#8: Why Do You Want to Open a Restaurant? To be totally transparent... I think a lot of people go into business for the wrong reasons. They open restaurants because they think it'll be fun (which it s...

17 Apr 201925min

How to Build a Comprehensive Marketing Strategy

How to Build a Comprehensive Marketing Strategy

#7: How to Build a Comprehensive Marketing Strategy What does your marketing strategy look like? Do you even have a marketing strategy? If you're like a lot of restaurant owners out there, it's non-ex...

10 Apr 201919min

Pillar Four: DIFFERENTIATION

Pillar Four: DIFFERENTIATION

Fourth Marketing Pillar - DIFFERENTIATION We're starting to turn the corner now as we come to the fourth episode in a 5-show arc. We've been breaking down the Five Pillars of Marketing as a way of giv...

5 Apr 201920min

Pillar Five: OPPORTUNITIES

Pillar Five: OPPORTUNITIES

Fifth Marketing Pillar - OPPORTUNITIES We've finally made it. We are at the end of this little five episode arc where we've been discussing the Five Pillars of Marketing. We started with IDENTITY, fin...

5 Apr 201918min

Pillar Three: COMPETITION

Pillar Three: COMPETITION

Third Marketing Pillar - Competition Welcome to the third in a 5-episode arc where we're talking about the Five Pillars of Marketing. Before we can begin building a comprehensive marketing strategy fo...

5 Apr 201920min

Pillar Two: AUDIENCE

Pillar Two: AUDIENCE

Second Marketing Pillar - AUDIENCE Welcome to the second in a 5-episode arc where we're talking about the Five Pillars of Marketing. This is our opportunity to give ourselves a strong foundation befor...

5 Apr 201921min

Pillar One: IDENTITY

Pillar One: IDENTITY

First Marketing Pillar - IDENTITY This is the first episode in a 5-episode arc where we're talking about something I call the Five Pillars of Marketing. Before we can begin talking about building a ma...

5 Apr 201916min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengesnakk
livet-pa-veien-med-jan-erik-larssen
utbytte
rss-politisk-preik
pengepodden-2
finansredaksjonen
morgenkaffen-med-finansavisen
tid-er-penger-en-podcast-med-peter-warren
stormkast-med-valebrokk-stordalen
rss-markedspuls-2
lederpodden
rss-pa-konto
liberal-halvtime
rss-sunn-okonomi