Restaurant Profitability - The Five Killers and How to Beat Them

Restaurant Profitability - The Five Killers and How to Beat Them

#471 - Restaurant Profitability - The Five Killers and How to Beat Them

*****

This week's episode is brought to you by: KICKFIN

Thousands of restaurants across the country use Kickfin to send instant, cashless tip payouts, directly to their employees’ bank accounts, the second their shift ends. Get in touch today for a personalized demo and see how restaurants and bars across the country are tipping out with Kickfin.

VISIT: https://kickfin.com/demo/


*****

PROFIT KILLER #1: RAZOR-THIN MARGINS

PROFIT KILLER #2: HIGH LABOR COSTS AND TURNOVER

PROFIT KILLER #3: FOOD COST VOLATILITY AND WASTE

PROFIT KILLER #4: FIXED OVERHEAD EXPENSES

PROFIT KILLER #5: INTENSE COMPETITION AND PRICING PRESSURE

*****

Are you struggling to generate consistent, predicatble 20% profit in your restaurant?

Let's talk about the power of the P3 Mastermind:

https://www.restaurantstrategypodcast.com/schedule

Episoder(543)

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

What is Marketing?

What is Marketing?

EPISODE #1: What is Marketing? ** Download the 3-Step Marketing Worksheet HERE ** Since this is a podcast all about marketing, I thought we would start off by first agreeing on a definition for market...

22 Mar 201918min

Populært innen Business og økonomi

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