1) Knowing your numbers, to make data driven decisions
For restaurants: “If every plate is profitable, then the restaurant should be profitable”
Plate costing, menu engineering, pricing
Operational financials & Managerial controls
Track weekly prime costs – Food and Labor costs
Operations throughput optimization
Are you making a profit?
How do you know?
What can my business afford?
2) Building your team
How to pull off working “ON” your business versus always working “IN” your business?
Need alignment in your organization to your goals and mission
“too many friends and family?”
Design your organizational chart
Actively recruit for talent, then develop
3) Having a Digital Presence
A website with appealing content
Social media –
Direct online ordering capacity
Developing your patron database, building your community
A team of DePaul University Seniors have scoured the internet, reviewed hundreds of restaurant websites, and have pulled together “best practices” for a restaurant’s website and digital presence.
Check it out: Website Template