Run the Numbers!

Episode 64 June 01, 2020 00:21:20
Run the Numbers!
RESTAURANT STRATEGY
Run the Numbers!

Jun 01 2020 | 00:21:20

/

Show Notes

#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

Other Episodes

Episode 161

April 11, 2022 00:37:51
Episode Cover

The 10 Biggest Mistakes That Keep Restaurants from Hitting Maximum Profitability

#161 - The 10 Biggest Mistakes That Keep Restaurants from Hitting Maximum Profitability *****  This week's episode is brought to you by: MARGIN EDGE...

Listen

Episode 95

January 04, 2021 00:22:27
Episode Cover

The KPIs of Human Connection

#95 - The KPIs of Human Connection This week's episode is sponsored by: CRAVER Get a beautiful, branded app for your restaurant with CRAVER....

Listen

Episode 326

March 21, 2024 00:23:41
Episode Cover

Facebook Ad Strategies that Generate 4X ROI

#326 - Facebook Ad Strategies that Generate 4X ROI ***** This week's episode is brought to you by: TRIPLESEAT Revolutionize your private event planning...

Listen