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/


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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

Avsnitt(544)

Your Systems Are Either Training Your Team... or Replacing You

Your Systems Are Either Training Your Team... or Replacing You

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20 Apr 18min

Why Discounts Attract the Worst Customers

Why Discounts Attract the Worst Customers

#542 - Why Discounts Attract the Worst Customers *****  This week's episode is brought to you by: MARQII VISIT: https://marqii.com/ This week's episode is brought to you by: RESTAURANT TECHNOLOGIESVIS...

16 Apr 17min

The Hidden Cost of Being “Nice”

The Hidden Cost of Being “Nice”

#541 - The Hidden Cost of Being “Nice” ***** This week's episode is brought to you by: MARGIN EDGEVISIT: https://www.marginedge.com/lp/chip This week's episode is brought to you by: DAVOVISIT: https:/...

13 Apr 15min

The Myth of Word of Mouth

The Myth of Word of Mouth

#540 - The Myth of Word of Mouth *****  This week's episode is brought to you by: MARQII VISIT: https://marqii.com/ This week's episode is brought to you by: RESTAURANT TECHNOLOGIESVISIT: https://www....

9 Apr 14min

Why “Trusting Your Managers” Is Costing You Money

Why “Trusting Your Managers” Is Costing You Money

#539 - Why “Trusting Your Managers” Is Costing You Money ***** This week's episode is brought to you by: MARGIN EDGEVISIT: https://www.marginedge.com/lp/chip This week's episode is brought to you by: ...

6 Apr 16min

Social Media is NOT Content, It's Communication at Scale

Social Media is NOT Content, It's Communication at Scale

#538 - Social Media is NOT Content, It's Communication at Scale *****  This week's episode is brought to you by: RESTAURANT SCALE SECRETSVISIT: https://restaurantscalesecrets.com/Chip This week's epi...

2 Apr 16min

Menus Are Operational Tools, Not Art Projects

Menus Are Operational Tools, Not Art Projects

#537 - Menus Are Operational Tools, Not Art Projects *****   This week's episode is brought to you by: KICKFINVISIT: https://kickfin.com/demo/ This week's episode is brought to you by: AJINOMOTOVISIT:...

30 Mars 18min

Stop Chasing New Guests

Stop Chasing New Guests

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