Knowing your numbers isn’t enough. Successful restaurant operators know how to turn financial data into action. Waiting for month-end reports can mean missed opportunities and shrinking margins.
In this two-hour workshop, Chris and David Tripoli will share a financial management system designed to help independent restaurant operators move beyond simply reviewing reports to actively managing performance. Learn how to set meaningful targets, monitor the right metrics, spot issues early and use daily and weekly financial insights to make informed decisions.
What you will learn:
- How to break down annual budgets into quarterly objectives and financial targets your team can execute
- How to use daily and weekly reporting to gain timely insight into performance
- Ways to build accountability by involving managers in cost targets and profitability goals
- How to create and use a weekly performance summary
- Strategies for managing labor, cost of goods and controllable expenses
This workshop is designed for independent restaurant owners and operators, general managers, leadership teams and multiunit operators looking for greater control over costs, margins and financial performance.
Cost: $199 for RestaurantOwner.com subscribers; $499 for non-subscribers, including a one-year standard subscription to RestaurantOwner.com.
