SPB Hospitality的动态

Navigating the complexities of growth while continuing to execute the brand’s vision is a top priority for restaurant portfolio companies. We’ve gathered some key considerations and insights.

The restaurant business is an expensive business to operate. Unlike many businesses whose operating cost is very high, the product of the restaurant is not that expensive in relation to its cost and to the instability of this particular market. That is why the profit in the restaurant industry is very low, about 7% on average. The business owner must make sure that his product is indeed profitable and will be able to cover the required costs. To succeed in this task he needs to conduct monthly or weekly tracking of variable costs and complicated calculations so that all his hard work is not in vain. Many restaurateurs and chefs do not have enough time to perform the necessary follow-up and these complicated calculations, which results in financial losses and at the end of the year restaurants find that they are forced to close their doors. In the restaurant business it is most important to maintain a very profitable product!

Recently, I assisted a restaurant owner facing significant hurdles shortly after a promising launch. The restaurant initially thrived but encountered setbacks when the owner had to step away due to unforeseen family issues, leading to operational inconsistencies, staff turnover, and financial strains. Essential lessons emerged, and wanted to share these strategies revenue diversification and continuous improvement, to help other restaurant owners overcome challenges and achieve long-term success. Click to learn more … #RestaurantWeek #SmallBusiness #Challenges #KeyLearnings

Take The 5 Day?'Restaurant Profitability'?Challenge with Josh Kopel Sign up now!!! https://lnkd.in/eEmKaSHZ - Ever felt like you're fighting an uphill battle as a restaurant owner? - Are you unsure of how to stand out in a crowded market? Or how to attract loyal guests? - Would you like for everyone that comes to your restaurant once a month to come in twice a month? - Do you feel trapped in your own business, like more of a manager than an actual owner? - Do you find yourself constantly overwhelmed with day to day operations? - Do you want to learn how to leverage the true levers of profitability in your business and win against all odds, even when resources are limited? - Do you want direct live access to experts who can help you identify the areas of growth in your business, overcome obstacles, and answer any question you have? - Do you want a proven step-by-step method to scale profitability, reignite your passion for your restaurant, and help you lead your team with authenticity and impact? https://lnkd.in/eEmKaSHZ Tom Newman Georges Aoun, MBA, MAcc. Anthony Hamilton David Ross

Ask this to your mentor for a clear vision and plan for your restaurant: "If you were in my shoes right now, what would you do for your restaurant's long-term success?" ?? This question is super important because it seeks foundational advice that can guide you in making strategic decisions for your business's sustainability and growth. If you don't have a mentor, but still wonder about that, I created the Unsliced Restaurant System to share everything I've learned over the past 20 years of owning restaurants. It's designed to help you create profitable restaurants and scale to 7 and 8 figures. DM me "UNSLICED" and let's chat about your restaurant's success. ? #restaurantowner #restaurantsuccess #restaurantcoach #restaurantconsultant #profitablerestaurant #restaurantoperations

Vlog: 7 Pillars of Restaurant Success 7 Pillars of Restaurant Success is a framework designed to help restaurant owners and managers improve their operations and increase profitability. And 7 Pillars of Restaurant Success is developed by Jolt Technology which is specifically designed to execute operations for restaurants because the founder, Josh Bird, he faced challenges as a franchisee owner, and he turned these challenges into a solution used by thousands of global restaurants, brands, and businesses. By focusing on these seven pillars, restaurant owners and managers can create a successful and sustainable restaurant business that delights customers and stands out in a competitive market. Full video on YouTube Channel below: https://lnkd.in/gydkCU_f #7PillarsOfRestaurantSuccess

Enhancing Restaurant Success Did you know that operational efficiency and financial management are just as important as the menu when it comes to a restaurant's success? ??? Today, restaurants face challenges beyond the kitchen. From optimizing processes to improving profitability, every decision matters. With over 30 years of experience in the F&B industry, we help restaurants find practical solutions that enhance efficiency, reduce costs, and maintain high standards of quality. If you’re looking for new ways to maximize your restaurant's potential, let’s talk! ?? #RestaurantConsulting #OperationalEfficiency #Profitability #GastronomySuccess #FNBConsulting"

How can restaurant owners transform their passion for food into thriving businesses? Alistair Levine, partner at KitchenSync and owner of Vine Hospitality Group, shares his journey from inheriting a family restaurant business to revolutionizing back-office services for the restaurant industry. Alistair traces his path from managing a small group of restaurants to expanding to 10 locations across five concepts, driven by his commitment to quality dining experiences and business growth. The conversation explores Kitchen Sync's innovative approach to restaurant support services, highlighting their comprehensive offerings from bookkeeping and payroll to HR and marketing. Alistair candidly discusses overcoming the challenges of the COVID-19 pandemic, including rapid business model adjustments and seizing opportunities for improvement during crisis. As an industry veteran, Alistair offers valuable insights on scaling restaurant businesses while maintaining high standards of operations and staff satisfaction. The discussion concludes with Alistair's perspective on the evolving restaurant industry landscape, addressing issues of labor shortages, technological advancements, and the importance of adaptability. Mentor that inspired Alistair: ??His father, started the family restaurant business and laid the foundation for Alistair's career Don't miss this engaging discussion with an entrepreneur who's revolutionizing restaurant operations while maintaining a focus on quality and profitability. #RestaurantBusiness #KitchenSync #TheInspiredStoriesPodcast

?? Exciting News ?? At USA Restaurant Suppliers, we are committed to nurturing the culinary scene and helping restaurants thrive. To support this mission, we are thrilled to announce that we are helping reallocate $160 million in funding to support the growth of restaurants across the United States! ?? What's the Deal? We are partnering with a innovative hospitality/tech company to provide upfront capital to growing restaurants, which in turn offer credit at their establishments for customers to enjoy. This innovative approach ensures that while we help you grow, your customers also get to benefit directly and support your journey. ??? Why Join This Program? This program is designed to fuel your growth and give your patrons another great reason to walk through your doors. It's not just funding; it's an investment in the future of your restaurant and a chance to enhance your customer's experience. ?? How to Get Involved Getting started is simple. Reach out to us here on LinkedIn or give us a call at (888) 307-5030! We're here to discuss how this opportunity can fit into your growth plans and answer any questions you have. ?? Remember, at USA Restaurant Suppliers, your success is the ingredient to our mission. Let's make culinary dreams a reality together! #RestaurantGrowth #BusinessFunding #CulinarySuccess #USARestaurantSuppliers Kinslee Zielinski Devon Z. Louis Cantu Jessica Conn Nadia S. Bruno Jamil Codner Joshua Prunty Dylan Cummins Polly Kyle Shelby Ferguson Taylor Bridgers Joni Matzinger

Did you know? Only 3% of independent restaurants in the US have 3 or more locations (source: Tarci). That's just 2,200 restaurant groups—a shockingly small number, isn't it? Meanwhile, 70% of the industry operates a single location (source: NRA). The restaurant industry is like the music industry—we only hear about those who make it to the top. Three locations mark a critical threshold in business growth. Managing up to three sites often relies on individual heroics and ad-hoc problem-solving. Beyond this, success demands robust systems, streamlined processes, and a capable management team. Without these foundations, expansion past three locations risks operational chaos and potential business failure. It's the tipping point where intuition gives way to infrastructure." There's only one way to join that top 3%: relentless pursuit of perfection, eliminating potential issues one by one. That's where we excel. Ready to scale your restaurant business and join the Top 3%? Let's talk.