7 Tips to Manage Restaurant Finances in 2022

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  • Опубліковано 23 сер 2024

КОМЕНТАРІ • 20

  • @ronielleromero
    @ronielleromero 2 роки тому +1

    Very informative ❤️ Thank you!

  • @muzvlogs
    @muzvlogs 2 роки тому +1

    thanks for your useful knowledge teacher love it ,

  • @nathandavis4118
    @nathandavis4118 3 роки тому +1

    Thank you for the tips in this video. What is the biggest mistake people make with their restaurant’s finances? What should one avoid at all cost?

    • @RestaurantKeysConsultancy
      @RestaurantKeysConsultancy  3 роки тому

      Most common mistake are over estimate sales, and consequently underestimate the cost of rent in relations to sales.

  • @louistse4558
    @louistse4558 3 роки тому +1

    Great tips, thanks for sharing.

  • @kevinmayo7848
    @kevinmayo7848 3 роки тому +1

    I would like more detailed information on saving on ingredient costs please.

  • @meloneyprinsloo1842
    @meloneyprinsloo1842 3 роки тому +2

    The finance aspect along seems like a full time job, how does one balance all of these aspects? It can be quite overwhelming.

    • @RestaurantKeysConsultancy
      @RestaurantKeysConsultancy  3 роки тому

      Well, running a restaurant its hard work, but also as you grow you will be able to hire professionals who will help you.

  • @bpharmmaheswari9214
    @bpharmmaheswari9214 2 роки тому +1

    Make video to make budget plan for restaurants on monthly basis

    • @RestaurantKeysConsultancy
      @RestaurantKeysConsultancy  2 роки тому

      We will be looking at doing that soon, keep an eye on for new videos coming up. If you looking for a comprehensive worksheet to do a pre-opening plan and five years budget and projection check this product here on our website:
      restaurantkeys.co.uk/restaurant-financial-projection-worksheet-template-sales-page/

  • @simonnecarrasco1034
    @simonnecarrasco1034 2 роки тому +2

    is anybody else about to open a restaurant completely lost? or just me? lol wish me luck... please...

  • @chrisnaerasmus3184
    @chrisnaerasmus3184 3 роки тому +1

    Are there any online programmes you would suggest to track cash flow or is good old hand written ledgers better?

  • @eringaizley2614
    @eringaizley2614 3 роки тому +1

    I struggle with budgeting for ingredients as it fluctuates weekly. Any tips for me?

    • @RestaurantKeysConsultancy
      @RestaurantKeysConsultancy  3 роки тому +1

      You must lock prices with your suppliers, there should be a video coming up on that.