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Episode #36 TOP TIP - Why CLOSING Your Restaurant Will SAVE You $$$!
Published 9 years, 11 months ago
Description
Many restaurateurs HATE the numbers… some even avoid their finances completely, but I’m going to show you why this is a dangerous game. If your restaurant has a slow night or two a week, you have 3 choices:
1 Do nothing, Stay Open and drain your profits
2 Try a new promotion to boost business on these slow nights
OR
3 CLOSE and go spend time with your family
How do you decide? Listen as I walk you through a simple “Daily Break-Even” exercise. Simple math will show you how you just might lose less money being closed than staying open.
Thanks for listening and I’ll see you next time,
Rock On, Roger