PROTECTING THE BOTTOM LINE

Making Restaurants More Profitable

  • Occupancy Expenses

    Occupancy costs are a vital consideration in the restaurant business, encompassing everything from rent to taxes, insurance, maintenance, and common area maintenance (CAM). These costs can have a substantial impact on the bottom line, so understanding and managing them effectively is essential for profitability. A great location paired with a fair lease agreement can set Read more

  • Optimizing Menu Mix for Enhanced Profitability

    The “menu mix” refers to the combination of items offered on a restaurant’s menu, strategically curated to maximize profitability. This mix considers both the popularity and profitability of each item, aiming to achieve a balance where high-margin items are as prominently featured as best-sellers. By understanding and optimizing the menu mix, a restaurant can significantly Read more

  • Repairs & Maintenance: Proactive Upkeep

    Repairs and maintenance are crucial aspects of running a restaurant that directly contribute to maximizing profits. The attention to both building and equipment maintenance can not only prolong the life of valuable assets but also enhance the dining experience for guests. The exterior of a restaurant, including awnings, parking lots, roofs, and sidewalks, creates the Read more

  • Seasonal Engagement and Community Connection

    Seasonal events and local happenings present unique opportunities for restaurants to attract more customers and enhance their dining experience. Staying on top of local events is crucial for tapping into these opportunities. Knowing when the county fair takes place, when kids go back to school, or when big sporting events or concerts are scheduled can Read more

  • Mitigating Traffic Losses

    The alarm of guests migrating away from a restaurant must not be taken lightly, and instead, it should be seen as a red flag signifying an urgent need to investigate and take appropriate measures. As this occurrence directly affects the restaurant’s bottom line, understanding why this is happening becomes crucial. Is it a specific incident Read more

  • Increasing Party Size for Enhanced Revenue and Guest Experience

    Increasing the number of people per transaction in a restaurant is a multifaceted strategy that can enhance both revenue and guest experience, requiring attention to various aspects. Creating group-friendly menus with shareable platters, family-sized meals, or tasting menus encourages groups to dine together. Coupled with targeted promotions such as offering discounts on larger orders, these Read more