Episode 27

Ideas to Save on Restaurant Labor and Food Cost

Published on: 25th August, 2021

Restaurant Pricing Strategies to Save Your 2021 -- Welcome to week 4 million of living in a pandemic while owning a restaurant. This week, I’m talking about a major issue for restaurants right now: the shortage of food and the resulting increase in prices. What you’re paying for products right now is going through the roof, one of the largest increases in food distribution pricing in decades. The struggle to find employees continues as well. Your food distributors are a good example of this – sales managers are making deliveries! To deal with this right now, I've been coaching my members to attack their menus. Your menu is the key to the labor shortage and your product prices. Tune into this episode of The Restaurant Prosperity Formula to hear stories about restaurant owners I work with week to week and the changes they’re making. I tell you about how they're reducing their menu sizes, how they're attacking the menu and getting creative, how they're figuring out how to reduce prep and simplify their operations, how they can make changes on the fly during a shift to save the kitchen, do less with fewer employees, and continue to keep customers happy and loyal.

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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.