Restaurant owners are uniquely challenged in the small business segment and the hospitality industry segment. Prosperity is possible, but the challenges in the way of prosperity are many, especially during the COVID-19 pandemic. In the latest episode of my podcast, “The Restaurant...
Restaurant management 101 is how chain restaurants kick independents’ butts. Their sales all too often are better than independents. They have better costs. They have managers who do their job. They have multiple thousands of locations with no owners in them. How do they do that? And more...
Restaurant 101 is a concept I talk about for independent restaurant success. What does success look like to you? To me, restaurant prosperity is freedom from your business and the financial freedom you deserve. Is that something you're striving for in your Internet searches? When you watch my...
Restaurant accounting requires a special touch and there is no one I recommend more to independent restaurant owners than Anne Gannon, CPA.
In this latest episode of The Restaurant Prosperity Formula podcast, Anne and I talk about many important topics, including:
- Why it’s probably worth...
How to manage a restaurant is a common search term on the Internet. Restaurant entrepreneurs tend to always be learning new things and trying to improve their businesses and this is true in running a restaurant. In my experience, the most successful people I've worked with are always trying to...
Learning to run our restaurant during a pandemic has been one of the greatest challenges of our lives. The restaurant industry was flourishing and then came March 2020, when, BOOM, we had to close our doors and literally learn to pivot our businesses so we could still have cash flow, even in a...
Your restaurant checklist to manage managers – really, many checklists – is the principle foundation of a strong management team. Being known as the restaurant systems expert and after working with literally thousands of restaurant owners and managers around the world to implement...
Managing people is a demanding part of running any business and can be even more challenging in a restaurant. A common question is how do I fire a restaurant manager? If you’re watching this tip, it’s very possible you are under a tremendous amount of stress right now as you try to...
Are you searching for restaurant management tips to build a stellar management team? Well, you're in the right place. Building systems will transform your restaurant business, but the only way you can get it all done is to have a management team in place to do the work. If you’re going to...
Let’s talk catering ideas for restaurants to survive COVID in episode three of The Restaurant Prosperity Formula podcast. This week’s episode is a helpful one if you’re a restaurant owner or caterer and want to learn an important lesson about diversifying your revenue,...
Are you looking for restaurant management tips and tools for a great team? You're in the right place because if you're dying to have a great management team that gets things done your way. Watch this video, or keep scrolling to read, for six restaurant management tips and tools for a top notch...
If you’re wondering, how do I hold my management team accountable? Let’s instead talk about why holding your restaurant management team accountable is not an option. It's a requirement. To review the pitfalls of not holding managers accountable and then learn the benefits of holding...