Resources to turn your good restaurant into a Great Business. Resources to turn your good restaurant into a great business Restaurant Startup and Growth Magazine
Home | Contact Us | Tell a Friend | Search | Member Area
 JOIN NOW
Become a member & get immediate access to all of our resources.
 SEARCH

Take a Free Tour
 ABOUT RO.COM
Who Should Join
Contributors
Download Resources
Member Benefits
Privacy Policy
Terms of Use
Member Comments
FAQ
Discussion Forum
 OWNER'S TOOLKIT
Business & Financial
Business Plans
Food & Beverage
Staffing
Bar Management
Menu
Customer Service
Marketing
Startup & Growth
Technology
Online Seminars
 MEMBER RESOURCES
RS&G Archives
Online Seminars
Audio Programs
Discussion Forum
Download Library
Industry Surveys
Recipe Mapping®
Spanish Resources
Videos & Webinars
My Membership
Help
 WEB APPLICATIONS
Prime Cost Wizard
Staff Training
Visit our Online Store.
 Forum Topics-Public
Home | Tip of the Week Archives
 

Restaurant Profit Tip of the Week

Every week we send a free email on a profitable practice, technique, or strategy used by successful independent operators.

The Profit Tips are short, to the point, and cover a wide range of topic areas but are all highly relevant to managing an independent restaurant.

We value your right to privacy, and will never sell or share your email address with others, nor will we ever send you spam. Unsubscribe instructions are included with every Profit Tip you receive.

Enter your email address below to receive our
"Profit Tip" of the Week




 

 ** Sample Profit Tips **

Are You Relying Too Much on Your P&L
If you're waiting until you get your P&L to know how your restaurant is performing it may be too late. While a monthly or 4- week P&L is extremely important, it should be used primarily as a tool t . . . more >>
"86" Your Kitchen Trash Cans
Think about the trash cans in your kitchen. Probably not the most pleasant thought but trash cans in the kitchen have been referred to as "black holes of profitability." Any restaurant is at ri . . . more >>
How to Have Enough Cash for Payments You Can't Afford to Miss
Have you ever been faced with a sales tax or payroll tax payment deadline and not have the cash to pay it? Many operators have and if you're one of them you know the taxing authorities always get t . . . more >>
When Gifts Become Kickbacks and Lead to Problems for Restaurant Owners
When Gifts Become Kickbacks and Lead to Problems for Restaurant Owners Every restaurant should have a straightforward and well- communicated policy regarding what's appropriate and not appropriate to receive from suppliers in the form of gifts. Wal-Mart employees cannot accept anything from a supplier, not even a free cup of coffee. . . . more >>
Don't Let Bar Tabs Slow You Down (& Be a Downer for Your Guests Too)
Don't Let Bar Tabs Slow You Down (& Be a Downer for Your Guests Too) Don't let a cumbersome bar tab policy slow down your operation and annoy your customers. Today's POS systems can easily transfer bar tabs to specific tables. . . . more >>
Are You Managing BOTH Sides of Your Restaurant?
There are essentially two separate sides or sets of functions to manage in every restaurant. First, every restaurant has an " operational" side. The operational side is basically what gets done . . . more >>
Do You Know Who Your Most Important Customer Is?
Ask a restaurant owner who their most important customers is and they'll likely name some big spending regular or a local business who calls in large catering orders. Chances are, your most impo . . . more >>
Do Your Servers Understand the Magic Minute?
Do Your Servers Understand the Magic Minute? As a customer, we all know what tends to happen to our mood when, after being seated, we wait and wait to be recognized by someone. A good rule of thumb, is for your guests to be greeted within 60 seconds after being seated. Any longer than a minute and the potential for . . . more >>
Every Restaurant Should Have a Shoe Policy (yes, you read that right)
Insist that all your employees wear shoes with slip-resistant soles. Falls are the most common accident in foodservice. Back injuries resulting from these slips are among the most debilitating in ou . . . more >>
Is a "No Overtime" Policy Costing You Money?
A common misconception in the industry is that paying overtime is a sign of either bad management or poor scheduling. Not necessarily. Overtime can also be a sign that a tight, well-conceived . . . more >>
Cut Staff Turnover By Taking Better Care of Your New Employees
Cut Staff Turnover By Taking Better Care of Your New Employees Many restaurants lose a large percentage of newly hired employees (some as much as 30% to 50%) during their first 2 weeks of employment. As you know, employee turnover is expensive, disruptive to operations and makes the job of managing a restaurant even more of a challenge than it already is. . . . more >>
Don't Lose Money You Never Knew You Had: The Compelling Case For Conducting Surprise Cash Counts
Don't Lose Money You Never Knew You Had: The Compelling Case For 
Conducting Surprise Cash Counts One of the most common ways for cashiers (and, of course, bartenders) to earn extra money on the side is to "build the till." It's a simple process of placing all the cash they receive from customers exactly where it's supposed to go, in the cash drawer. However. . . . more >>
Better Portioning Means a Better Restaurant
Better Portioning Means a Better Restaurant Product portioning is one of the most important activities in any restaurant. It effects your guests' experience, food quality and food cost which means you end up paying on several levels when it?s not done right way every time. . . . more >>
What's a Loyal Customer Worth?
Does it drive you crazy when a customer complains and you end up having to comp a meal or two? Do you get on your staff when they substitute a baked potato for the vegetables? If so, you may be foc . . . more >>
 BEST PRACTICES
Receive our FREE
"Profit Tip"
of the Week





Sample Profit Tips
 TESTIMONIALS
"I am a small business owner. I must say this is the best tool I've ever subscribed to. I was suspicious at first, I did not expect much but this is awesome. Thank you so much."

Gesine Franchetti
The Topaz
Santa Rosa, CA


Your website and magazine have been extremely helpful to our growing business. We are just about finished with the construction of our new location. I have learned so much from your articles, the online seminars, the discussion forum and the spreadsheets are an invaluable asset. I continue to learn something new every day.

Belinda Self
Ginza Japanese Restaurants, Inc
Winston Salem, NC


"You are giving me a great education. I can't soak it up fast enough. The articles, templates and especially the online training are heading me in the right direction to having a great business."

Martin Hardy
City Bagel Café
Siloam Springs, Arkansas


"I've found everything on the site to be a big help. From the financial side to the menu, the amount of information has been a bargain for the price of a subscription!"

Eddie Scoggins
Tavern At The Village Green
Cleveland, TN


"I am now in my second year of being a member. My only regret being that I did not find you in my prior 8 years as I would have saved a lot of money and grey hairs from your tips and formats. Thank you for indirectly saving my restaurant & for the growth I now see."

Marc Cedron
Printer's Alley Bar & Grill
Memphis, TN


"Since becoming a member, I have literally changed the way I do business. My attitude has changed about every aspect of my restaurant and in implementing many new systems which you re-enforce on your website, I have seen drastic improvements. I'm making more money, my purveyors are making more money and my staff is making more money."

David Chicane
Pearle Restaurant & Oyster Bar
Dublin, NH


"RestaurantOwner.com is a wonderful asset, glad I discovered it. I’ve deleted two full time positions, reduced my inventory, & have been tracking everything much better. I am breaking even now instead of borrowing more money!"

Joleen Coles-Wilt
Matters of Taste Bakery Market Café
Honolulu, HI


"So far, we’ve revised our accounting system and introduced the prime cost concept. My prime costs are dropping because of focusing on both inventory and labor together. This will improve my contribution margin by $120,000!"

Brian Fitzgerald
Paddy's Brewpub & Rosie's Restaurant
Kentville, Nova Scotia


"Thank you for this site. Little guys like me need all the help we can get and it is wonderful to be able to get answers to questions here."

Margaret Williamson
Hizzoner's Uptown Deli
Bellingham, WA


"I have sung the praises of your site to many of my friends, associates, and suppliers. There is a wealth of information and material available from your site that is of tremendous benefit to all independent restaurateurs. We have used virtually everything you offer in some form or another, from the restaurant by the numbers material to all of the articles on service, management, training, etc. The templates for training manuals and various forms have saved us a lot of time which would have been spent compiling and organizing this vital information."

Robert Hodgson
Lefty's Restaurant
Parksville, B.C.


"This website is "exactly" what I've been looking for. I'm absolutely thrilled with what I've learned so far. My only regret is that I didn't join sooner."

Stan Lewis
Pappa's Bossier
Bossier City, LA


"I love love love your site. It gives me inspiration, organization and so many of the missing tools I have been seeking for the last 20 years."

Jennie Cook
Cook's Double Dutch
Culver City, CA