As a restaurant expert and restaurant systems pusher, I want to take a minute to explain why restaurant management systems for independent restaurants are so important. In this video I’ll explain what systems are, why they’re so important and how they affect your life as a restaurant.
First, wha...
Your restaurant financial plan is important to the success of your restaurant and it is essential that you update it regularly. In this video, I will show you how using a restaurant financial plan, i.e., a budget, every day lays out your restaurant’s plan for financial success. Plus, I will show you...
Do you want to know the secret to restaurant business growth? I bet you think it's all about increasing your sales. What if I told you that's wrong and that your mindset is the key? Watch this video, and I'll share with you what my most successful restaurant owner members have in common and how it h...
The latest episode of The Restaurant Prosperity Formula is out now and centers around what I see as entrepreneurs’ Achilles heel. I’ll tell you right up front is holding oneself accountable. What I share in this latest podcast episode is what I'm seeing as a game changer with my members, restaurant ...
Let’s have a little fun and play a game I like to call, “You Know You're an Entrepreneur When…” Restaurant owners are definitely living that entrepreneur life, so join me and play along.
You know you're an entrepreneur when... you find yourself answering simple questions via text message when you...
In episode 20 of my podcast, The Restaurant Prosperity Formula, I'm talking about the number one issue that is a burden in our industry right now. You might think I’m talking about a shortage of employees, but I’m really talking about burnout. Let’s talk about what you can do to fight off the negati...
Do you watch the reality bar and restaurant shows? Truth be told, I can only watch them when my wife isn't around because she hates it when I actually yell at the TV. In this case, I want to share with you three ways Jon Taffer’s Bar Rescue sets unrealistic expectations for restaurant and bar owners...
The secret to being a successful restaurant owner. The answer? Find someone who gets stuff done. As an owner, you can’t do it all yourself. It’s just impossible. Plus, it’s not your job to do everything in the restaurant. Your job is to lead and take on more strategic activities such as marketing an...
I know a thing or two about restaurant startup mistakes and what I see most often in independents. If you're wondering if you made them when getting your restaurant open or if you’re looking to open your first restaurant and want to avoid them, this tip is for you.
Owning and running a restaurant...
If you’re working in your restaurant because you have a passion for hospitality and your restaurant is a dream you made come true, but you struggle to thrive in your business and your personal life, this episode of The Restaurant Prosperity Formula podcast is here to offer you inspiration.
This w...
To achieve prosperity in your restaurant – including cash flow and time away from your restaurant – you have to follow a very specific formula made up of leadership systems, training, accountability and taking action. In this latest episode of my podcast, The Restaurant Prosperity Formula, I talk to...
In this episode of The Restaurant Prosperity Formula podcast, I talk with restaurant owner Karen Fagnilli, owner of The Lake House Inn Resort in Ohio on Lake Erie. Karen and her family purchased the inn about 20 years ago and added the restaurant in 2005. Then in 2012, they expanded the restaurant a...