Episode Details
Back to EpisodesFinancial Strategies for Bar Owners Amid Rising Costs and Historical Tavern Tales
Description
Discover the financial pulse of the bar and restaurant industry in our latest episode of the Bar Business Podcast with me, Chris Schneider. Learn how top-performing establishments are navigating increased labor, food, and occupancy costs while still maintaining profits. We'll examine the latest Starfish benchmarking data, revealing why non-major city bars and restaurants are seeing significant drops in net profits. Plus, get insider tips on effective financial controls and forecasting that can help your business thrive, even in challenging times.
As we gear up for the 4th of July, we'll take you back in time to uncover the boozy tales that shaped America. From John Hancock's rum smuggling escapades to Benjamin Franklin's "Drinker's Dictionary," discover how alcohol and taverns played a pivotal role in the founding of the United States. Hear stories of the Founding Fathers' drinking habits and how their favorite beverages influenced key moments in American history. Celebrate American independence with us as we explore these historical connections and their lasting impact on today's bar industry.
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📌Additional resources
🔴Grab the books “How to Make Top-Shelf Profits in the Bar Business!” and “Menus that Sell” here:
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