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

Avsnitt(544)

CRAZY IDEA - How Do We Maintain Profits If Alcohol Sales Keep Dropping?

CRAZY IDEA - How Do We Maintain Profits If Alcohol Sales Keep Dropping?

#463 - CRAZY IDEA - How Do We Maintain Profits If Alcohol Sales Keep Dropping? *****   This week's episode is brought to you by: KICKFIN Thousands of restaurants across the country use Kickfin to send...

14 Juli 202510min

CRAZY IDEA - What If We Rethought Our Dining Rooms?

CRAZY IDEA - What If We Rethought Our Dining Rooms?

#462 - CRAZY IDEA - What If We Rethought Our Dining Rooms? *****  This week's episode is brought to you by: MARQII  MARQII is your one-stop-shop for listings management and reputation management. Coll...

10 Juli 20259min

CRAZY IDEA - What If We Ditched Tipping?

CRAZY IDEA - What If We Ditched Tipping?

#461 - CRAZY IDEA - What If We Ditched Tipping? ***** This week's episode is brought to you by: TIME FORGE TIME FORGE provides labor management for efficient teams. Recruit, retain, and manage your ta...

7 Juli 202515min

CRAZY IDEA - What If We Got Rid of Waiters?

CRAZY IDEA - What If We Got Rid of Waiters?

#460 - CRAZY IDEA - What If We Got Rid of Waiters? *****  This week's episode is brought to you by: MARQII  MARQII is your one-stop-shop for listings management and reputation management. Collect revi...

3 Juli 202513min

P3 Member and Iowa Restaurateur, Todd Reding

P3 Member and Iowa Restaurateur, Todd Reding

#459 - P3 Member and Iowa Restaurateur, Todd Reding ***** This week's episode is brought to you by: TIME FORGE TIME FORGE provides labor management for efficient teams. Recruit, retain, and manage you...

30 Juni 202550min

Better Table Touches to Drive Revenue (ENCORE)

Better Table Touches to Drive Revenue (ENCORE)

#458 - Better Table Touches to Drive Revenue (ENCORE) *****  This week's episode is brought to you by: MARGIN EDGE Take control of your costs with using MarginEdge. Best of all? No contract. No setup ...

26 Juni 202530min

What Makes a Great Franchisor with Jennifer Striepling

What Makes a Great Franchisor with Jennifer Striepling

#457 - What Makes a Great Franchisor with Jennifer Striepling ***** This week's episode is brought to you by: TORK  TORK understands that expectations for food service, sustainability, and guest exper...

23 Juni 202544min

Email and SMS Marketing That Actually Drives Revenue

Email and SMS Marketing That Actually Drives Revenue

#456 - Email and SMS Marketing That Actually Drives Revenue *****  This week's episode is brought to you by: MARGIN EDGE Take control of your costs with using MarginEdge. Best of all? No contract. No ...

19 Juni 202523min

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