Episode 24

Restaurant Owners: There Is No Going Back to Normal

Published on: 14th July, 2021

I just spoke at the first industry trade show since the pandemic. It was the Nightclub and Bar Show in Las Vegas, Nevada at the end of June 2021. I loved being back on the road and being on stage with a live audience. So on this episode of The Restaurant Prosperity Formula, I talk about the lessons we’ve learned since March 2020, how they’ll shape restaurants for the future and what I see as the outlook for the restaurant and hospitality industry. For example, we learned a smaller restaurant with a smaller menu is better and nimbler. As for the future, you’re going to see a lot of the restaurants that closed down reopened by any Tom, Dick or Harry, and the competition will come back. So, to help you, the rest of the podcast is my recommendation of a short action plan. There is no getting back to normal. We are in a new normal and restaurant owners who adapt and make the best of it will be the strongest in the future. 

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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.