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 149

January 17, 2022 00:39:42
Episode Cover

Looking 5 Years Into the Future

#149 - Looking 5 Years Into the Future This week's episode is also sponsored by STOCK MFG. With Stock you get all the style...

Listen

Episode 225

April 03, 2023 01:09:24
Episode Cover

Doubling Your Catering Business with Dawn Skeete, Owner of Jam'It Bistro

#225 - Doubling Your Catering Business with Dawn Skeete, Owner of Jam'It Bistro ***** This week's episode is brought to you by: KICKFIN Thousands...

Listen

Episode 420

February 13, 2025 00:46:08
Episode Cover

The Power of Data with Avero CEO, Doug Hsieh

#420 - The Power of Data with Avero CEO, Doug Hsieh *****  This week's episode is brought to you by: AVERO Increase your profitability...

Listen