Episode 9

How to Run a Restaurant - the Story of a Former CFO's Journey With Systems

Published on: 2nd December, 2020

How to Run a Restaurant

In this episode of The Restaurant Prosperity Formula podcast, host David Scott Peters talks to Steve Eller, restaurant owner of Cosmic Cowboy in Idaho. David and Steve talk through Steve’s experience adopting and working with David’s restaurant systems. Steve’s story is interesting in that he was already using a lot of the systems that David teaches, but his prime cost was too high, and he was looking for the answer to why and how to finally get past the plateau. Steve was a CFO before he opened his restaurants, and he was a budgeting professional, and he talks about the things he learned in budgeting for restaurants after working with David. Steve is an independent restaurant owner who is using systems during COVID to get a deeper understanding of the numbers behind his restaurant’s operation, get answers to how to improve the numbers and be set up to benefit at a maximum level once the pandemic is over. Plus, using his past experience in commercial real estate, he’s planning to use his understanding of these systems to help him evaluate future restaurant opportunities. Listen to this podcast to hear an independent restaurant owner’s journey on the search for what he didn’t know.

Free Restaurant Evaluation: https://dsp.coach/free-eval

Sponsor: Catering Coach, http://thecateringcoach.com/dsp

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About the Podcast

The Restaurant Prosperity Formula
For Independent Restaurant Owners
If you’re ready to stop being a prisoner in your restaurant and finally have the life you’ve been working for, you are in the right place. Podcast host David Scott Peters has been coaching restaurant owners since 2003 how to transform their restaurants and their lives by becoming the leader their restaurant requires for success. He has taught thousands of other restaurant owners how to do less and lead more, how to delegate and trust their teams, and use task-based systems to make it all work. The lessons he teaches and the solutions for the moment he offers are based on his Restaurant Prosperity Formula. To learn more about David and his formula, visit davidscottpeters.com or pick up a copy of his book, "The Restaurant Prosperity Formula: What Successful Restaurateurs Do."

About your host

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David Scott Peters

David Scott Peters is a restaurant coach and speaker who teaches restaurant operators how to cut costs and increase profits with his trademark Restaurant Prosperity Formula. Known as the restaurant expert in the industry, he uses a no-BS style to teach and motivate restaurant owners and managers to take control of their businesses and finally realize their full potential. Thousands of restaurants have used his formula to transform their businesses.