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.
#118 - INTERVIEW: Building a Restaurant Funnel with Lance Popke ***** This week's episode is brought to you by: OVATION Get more feedback, more...
#152 - What Disney Taught Me About the Future of Hospitality ***** I'm recording this in the closet of my hotel room at Walt...
#23: Strategic vs. Tactical Thousands of years ago the ancient Chinese military strategist, Sun Tzu, wrote this in The Art of War: "Strategy without...