Busting Labor Cost Percentage Myth
In this monthly edition of the restaurant expert podcast, David is busting the labor cost percentage myth, which says every restaurant should use the exact same labor cost percentage. Click below to get the facts on labor cost percentage.
Listen to Episode 2 of SMART Systems Insider v2.0 to hear:
David Scott Peters, restaurant expert and founder of TheRestaurantExpert.com, teaches you how to bust the labor cost percentage myth, which says every restaurant should use the exact same labor cost percentage. David explains exactly why it’s a myth and what the facts are and how you can determine a restaurant labor cost percentage that is right for your restaurant
Next, David interviews Mary DeLeon, restaurant coach for Members of TheRestaurantExpert.com. Not only does Mary offer bilingual coaching, she has some insight into decreasing your labor cost with the reverse labor system. Learn what it is and why you should use it to lower your restaurant labor cost.
David interviews Brad Hackert, director of restaurant operations for Flora-Bama restaurant group. He’s a past Member of TheRestaurantExpert.com, a past consultant for TheRestaurantExpert.com and a systems expert. He shares with you some of the biggest challenges restaurant operators face when putting systems in place and his advice for overcoming the common obstacles. Brad has implement SMART Systems Pro, our restaurant management software, in hundreds of restaurants. He knows of which he speaks!
Learn how to control your labor cost percentage on a daily basis. The secret is to use the reverse labor system. David shows you exactly how SMART Systems Pro, a complete restaurant management software, makes controlling restaurant labor cost manageable and effective. Touch base on your restaurant labor cost and how to calculate your restaurant labor cost percentage.
Finally, David interviews Anne Gannon, a principal at The Largo Group, an accounting firm. She offers insight into the top three things you must know about your financials if you want to make any money.
All of these interviews are designed to motivate you and teach you the secrets of success for every restaurant owner.
Learn more about what TheRestaurantExpert.com offers to independent restaurant owners.
You can also watch the video version of this podcast here.
If you want to learn more about lowering your labor cost percentage and how the reverse labor system can help you, read our free special report, Breaking Away from the Insanity: How to easily take control of your restaurant and make more money. Download it here. Be sure to visit our YouTube channel for more helpful restaurant business management video tips.