Tag Archive: Restaurant Cost Reduction

Sticky Fingers – Spotting the Fingerprints of Bartender Theft

If you’re waiting for a rise in your pour cost to alert you to a potential bartender theft problem, you may be out of luck To find telltale signs of theft, scrutinize sales Bar productivity, as it’s called, is calculated by dividing the bartender’s gross sales by the number of hours he or she worked

House approves The Small Business Jobs and Credit Act of 2010 – What does it mean to you?

House approves small business bill The Small Business Jobs and Credit Act of 2010, which includes provisions that proponents say would provide restaurants and other small businesses with tax relief while increasing access to capital, was approved Thursday in the House by a vote of 237 to 187.

Why You Should Raise Your Prices

(info from an article on Price increases) The quickest, easiest way to increase your income is to raise your prices Now you raise your price by 5 percent to $21.00 per unit and, as a result, you lose 10 percent of your customers. Price Per Unit: $20.00 Price Per Unit: $21.00

FEDERAL HIRE ACT – Can This Put Extra Money In Your Pocket This Year?

President Obama has signed into law the Hiring Incentives to Restore Employment (HIRE) Act, which is focused on accelerating the hiring of unemployed workers. The legislation immediately enhances employers’ cash flow by permitting employers to retain the employer portion of the Social Security tax ordinarily remitted. Social Security Tax Exemption

Video Blog: Where Can Restaurants Best Control Cost or Cut Cost?

Video Blog Where Can Restaurants Best Control Cost or Cut Cost? Hey it’s Jonathan Munsell with Restaurant Success Systems.  I wanted to talk about a question that I get asked fairly often and it’s something that we all need to be conscious of and it has to do with cutting costs.

Expert Interview: Jonathan Munsell Interviews Equipment Specialist Lenny Douglas from Tundra Specialties

Best Practices for Restaurant Owners and Industry Professionals Monthly Benchmarking and Money-making Teleseminar: How To Insure You Have The Best Restaurant Supply, Parts and Equipment Company For Your Start-up and Existing Restaurant Jonathan Interviews Lenny Douglas with Tundra Specialties.

Restaurant Success Story: Creative Compensation In Your Restaurant

I was just reading a reading a great compensation article from Greg McGuire and the The Back Burner Blog and wanted to add in my two cents from a member I recently spoke with. The Back Story One of my coaching members was looking to reduce payroll.  He had done a lot this year to increase sales and manage costs