Profit First
Profit First

Author: Mike Michalowicz

Publisher: Penguin

Published: 2017-02-21

Total Pages: 225

ISBN-13: 073521414X

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Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.

Profit First for Restaurants
Profit First for Restaurants

Author: Kasey Anton

Publisher:

Published: 2023-06-27

Total Pages: 0

ISBN-13:

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People don't open restaurants just because they want to start a business. People open restaurants because they are building a dream. You can create the restaurant of your dreams. You can also be profitable, pay your vendors, your staff, and yourself, and savor the joys of hospitality without stress and uncertainty. You don't have to struggle to make it in the restaurant business. In fact, that idea could be what is holding you back from real success. In this book, you will: - Set up a proven cash management system designed for restaurants. - Build (or rebuild) your business model to maximize profit. - Dial in all your expenses and find money (with tools!). - Understand your numbers better than ever before. - Learn a marketing strategy guaranteed to put "butts in seats."

Restaurant Success by the Numbers, Second Edition
Restaurant Success by the Numbers, Second Edition

Author: Roger Fields

Publisher: Ten Speed Press

Published: 2014-07-15

Total Pages: 322

ISBN-13: 1607745593

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This one-stop guide to opening a restaurant from an accountant-turned-restaurateur shows aspiring proprietors how to succeed in the crucial first year and beyond. The majority of restaurants fail, and those that succeed happened upon that mysterious X factor, right? Wrong! Roger Fields--money-guy, restaurant owner, and restaurant consultant--shows how eateries can get past that challenging first year and keep diners coming back for more. The only restaurant start-up guide written by a certified accountant, this book gives readers an edge when making key decisions about funding, location, hiring, menu-making, number-crunching, and turning a profit--complete with sample sales forecasts and operating budgets. This updated edition also includes strategies for capitalizing on the latest food, drink, and technology trends. Opening a restaurant isn't easy, but this realistic dreamer's guide helps set the table for lasting success.

Restaurant Strong
Restaurant Strong

Author: Peter LeSar

Publisher:

Published: 2021-09-08

Total Pages: 290

ISBN-13: 9781956649147

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Restaurant Strong answer this question: "What do our restaurant leaders know that can help others to build their best businesses?" Backed by a decade of research into 100+ of the world's most powerful restaurant brands, Restaurant Strong uncovers 100 insights that define who rises to the top and who doesn't in the restaurant business. Restaurant Strong answers such questions as: Why do just a few restaurant brands rise to the top while most produce less than hoped for outcomes? What is the growth model of restaurants and how do you reverse flattening or falling growth? What is the architecture of the highest performing restaurant concepts and how do you tweak yours into a higher gear? How do you become a great innovator of high-demand menu items and services? How have your negative biases been an obstacle to your business and what lens can you adopt to minimize their impact? And, how does a restaurant shape and lead a new category (and why is that important to your outcomes)? These questions are essential to restaurant businesses and have remained unanswered until now. Supported by independent and chain restaurant leader case studies and valuable training links at the end of each chapter, Restaurant Strong structures its questions and answers into a never-before-seen road map of exactly how restaurants shift gears from ordinary to extraordinary outcomes. In all of the history of restaurants, there has never been a book like Restaurant Strong...it offers a valuable rethink for all of us.

Restaurant Prosperity Formula(tm)
Restaurant Prosperity Formula(tm)

Author: David Scott Peters

Publisher: Advantage Media Group

Published: 2020-01-28

Total Pages: 0

ISBN-13: 9781642250398

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Drawing on his decades of experience as a restaurateur, David Scott Peters offers this specific, hands-on guidebook for independent restaurant owners. Focusing on the operational and cultural aspects of running a restaurant, Peters offers a system--the Restaurant Prosperity Formula(TM)--that allows these businesses to not only survive but thrive in one of the world's most competitive industries. In this book (which the author calls "the most comprehensive restaurant owner manual you've ever read"), restaurant owners will learn the fundamentals needed to accomplish three goals: simplifying operations, making more money than ever before, and bringing balance back to their lives so they can enjoy the benefits of the first two goals! "David's no-nonsense approach strips down all the excuses and doubts in our heads as operators and then gives you the paint-by-numbers plan to make real change in your restaurant. The systems that are outlined in this book are both relevant and practical on their own, but David takes it a step further by teaching you how to implement them in your business and whom you need on your team to be successful." - Brad Hackert, director of restaurant operations, Flora-Bama "Foundation, systems, profitability, accountability, and actionable steps--this book has it all from a true industry expert!" - Darren S. Denington, CFBE, president, Service with Style "Think of this book as your personal, one-of-a-kind treasure map with a clearly marked path and a big X where the gold is. Bring your shovel because you'll be doing some digging." - Kamron Karington, founder and CEO, Repeat Returns

The Profit Recipe
The Profit Recipe

Author: César Quintero

Publisher:

Published: 2014-09-26

Total Pages: 68

ISBN-13: 9781502469700

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The food industry sucks time, energy and money with often very little rewards. Yet everyone thinks they can start and manage a restaurant. But in this day and age, margins are so thin that it is difficult for most to keep their doors open. In this book, a passionate and successful entrepreneur shares his experiences to help you make your restaurant leaner and more profitable. Get into the food industry trends that most restaurants aren't following and set yourself up for the freedom and cash that you thought you would have by owning your food business.

Profit First for Ecommerce Sellers
Profit First for Ecommerce Sellers

Author: Cyndi Thomason

Publisher:

Published: 2019-01-22

Total Pages: 160

ISBN-13: 9780960028313

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There are four critical areas that today's ecommerce sellers struggle with in growing their businesses - managing inventory relying on debt; understanding their financial data; and maintaining focus. Cyndi Thomason has taken the core concepts of the Profit First methodology created by Mike Michalowicz and customized them to ecommerce.

Restaurant Man
Restaurant Man

Author: Joe Bastianich

Publisher: Penguin

Published: 2012-05-01

Total Pages: 342

ISBN-13: 1101583541

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The New York Times Bestselling Book--Great gift for Foodies “The best, funniest, most revealing inside look at the restaurant biz since Anthony Bourdain’s Kitchen Confidential.” —Jay McInerney With a foreword by Mario Batali Joe Bastianich is unquestionably one of the most successful restaurateurs in America—if not the world. So how did a nice Italian boy from Queens turn his passion for food and wine into an empire? In Restaurant Man, Joe charts a remarkable journey that first began in his parents’ neighborhood eatery. Along the way, he shares fascinating stories about his establishments and his superstar chef partners—his mother, Lidia Bastianich, and Mario Batali. Ever since Anthony Bourdain whet literary palates with Kitchen Confidential, restaurant memoirs have been mainstays of the bestseller lists. Serving up equal parts rock ’n’ roll and hard-ass business reality, Restaurant Man is a compelling ragu-to-riches chronicle that foodies and aspiring restauranteurs alike will be hankering to read.

Restaurant Marketing Strategies
Restaurant Marketing Strategies

Author: Jose Luis Riesco

Publisher:

Published: 2009

Total Pages: 357

ISBN-13: 9780981935119

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Riesco describes the most effective methods for getting more people into restaurants. He discusses how to keep customers happy, what types of advertising work, and how to optimize prices to get the needed profit while keeping customers satisfied.

Profit First
Profit First

Author: Mike Michalowicz

Publisher: Penguin

Published: 2017-01-18

Total Pages: 224

ISBN-13: 0735214166

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Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.