PROTECTING THE BOTTOM LINE

Making Restaurants More Profitable

  • Supplier Rebates

    Understanding rebates in the restaurant industry can be a valuable tool for maximizing profit, particularly when dealing with beverage suppliers like Coke and Pepsi. Rebates are essentially discounts offered to restaurant owners based on the volume of product purchased over a specified period, such as annually. The reason behind this practice lies in the uniform Read more

  • Distribution Channels

    Understanding the logistics of getting products to your restaurant is a vital aspect of running a profitable business. The transportation and delivery of food, paper items, and other supplies usually come through a broadline distributor. This distributor is responsible for delivering cases of goods to your restaurant, typically charging a fee per case. The fee Read more

  • Inventory Management

    Inventory management is a vital aspect of restaurant operations, having a direct impact on the bottom line. Maintaining a clear understanding of inventory levels is essential, requiring weekly assessments and more detailed counts at the close of each financial period, as well as at the year’s end. Carrying an excessive inventory of high-cost items can Read more

  • Packaging and Other COGS

    Packaging and other cost of goods sold (COGS) items play a vital role in the restaurant business and should be managed with careful consideration. These items include to-go cups, napkins, boxes, bags, and other packaging materials directly related to the sale of food products. It’s essential to differentiate these from restaurant supplies such as real Read more

  • Crisis Management

    Crisis management is an essential aspect of retaining profitability and maintaining the reputation of a restaurant. Whether facing a physical disaster like fire, storm damage, or a water leak, or dealing with the potential wildfire of negative social media posts, being prepared to act swiftly is key to minimizing damage. Physical disasters require immediate attention Read more