The Restaurant Expert
David Scott Peters is The Restaurant Expert, known for his “SMART Systems” approach to boosting profits. He can walk into any independent restaurant in America and find $10,000 in undiscovered cash before he hits the back door - Guaranteed!
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The Restaurant Expert

The Restaurant Expert The December "SMART Systems Insider," my monthly newsletter, features prime cost. Do you know what your restaurant's prime cost is? I tell my members to aim for 55% - no matter what style restaurant you operate. It's the only way to be successful in today's marketplace.

December 17, 2009 at 8:37am
Keith Langdon
Keith Langdon
I run a pretty tight ship already with a prime cost of 62 for this yr. My menu pricing is in already the top tier of my market. I am thinking 55% would be cutting so many corners that my food and service quality would suffer greatly; or I would be working more hours than I do currently; or I could hire a manager and work them to death; or my ... See Moreprices would be significantly out of line with my market.

How can you recommend and advocate a prime cost that is 10 points lower than what espouse as the bench mark?
December 23, 2009 at 3:15am
The Restaurant Expert
The Restaurant Expert
If your gross sales are 850K or more... we can help you get there without giving up service or quality. There are so many ways to reduce operating costs, there is no one easy answer. I can only tell you we have members achieving these numbers on a routine basis.

Feel free to call me.
December 23, 2009 at 9:23pm
The Restaurant Expert

The Restaurant Expert This week's tip - lock up your liquor: http://tinyurl.com/ybkfqst

tinyurl.com
If you’re giving the keys away, then you’re giving liquor away — guaranteed. First, make sure your extra liquor inventory is locked up. Second, make sure to have a policy which allows only a manager with keys to check liquor in and out of that locked storage. ...
The Restaurant Expert

The Restaurant Expert Something to consider to save money. But be careful what it does to your food cost. To fill seats, independent restaurants are bartering for services. From the WSJ:

online.wsj.com
Independent restaurants are turning to an old-fashioned method to fill tables—barter. As they struggle to keep customers and pay the monthly bills, restaurants are swapping food for services like oven-hood cleaning and pest control.
The Restaurant Expert

The Restaurant Expert Do you serve breakfast in your restaurant? Thinking about it? THen read this: http://blog.therestaurantexpert.com/?p=703

blog.therestaurantexpert.com
Do you offer breakfast in all dayparts, or just in the morning? Do you get requests for breakfast items at other times of the day? Do you know what it would cost you to offer breakfast in other parts of the day?
The Restaurant Expert

The Restaurant Expert In case you missed this article the first time I shared it... It's about how indpenendent restaurants are using chain-like systems to run their operations - successfully.

www.nrn.com
Imitation is the sincerest form of competition as independents take a page from chains’ operational playbooks and build strength in numbers
The Restaurant Expert

The Restaurant Expert Another day of teaching independent restaurant owners how to use systems to be profitable and successful!

November 3, 2009 at 1:26pm
The Restaurant Expert

The Restaurant Expert This week's tip on The Restaurant Expert blog: reminder to create and use job descriptions for all of your employees. http://blog.therestaurantexpert.com/?p=677

blog.therestaurantexpert.com
If they don’t know what’s expected of them, how do they know if they’re succeeding? Every employee deserves a job description. It provides clear expectations and gives them a guide for performing within to the best of their ability. ...
The Restaurant Expert

The Restaurant Expert Have you registered for the FREE webinar where I'm going to teach you the secrets to profitiability in your restaurant? It's Thursday at 4 p.m. EST. I'll spend the 90 minutes teaching you how to plan for profits. You're going to learn... Guaranteed! Register here: https://www1.gotomeeting.com/register/903220248

October 28, 2009 at 10:26am
The Restaurant Expert

The Restaurant Expert Ready to find profits in your restaurant? Join me on a free webinar October 29 at 4 p.m. EST. "Planning For Profitability And Staying On Course - A Step-by-Step Guide to Financial Success!" Reserve your Webinar seat now at: https://www1.gotomeeting.com/register/903220248

October 27, 2009 at 2:26pm
The Restaurant Expert

The Restaurant Expert What are you doing in your restaurant for Halloween? Any special menus, costume contests? How are you letting your customers know?

October 27, 2009 at 6:11am
The Restaurant Expert

The Restaurant Expert Planning For Profitability and Staying On Course:A Step-by-Step Guide to Financial Success!

Time:1:00PM Thursday, October 29th
Location:Online - register here: https://www1.gotomeeting.com/register/903220248
The Restaurant Expert

The Restaurant Expert What are you doing Thursday, October 29 at 4 p.m. EST? I'm conducting a webinar. Want to join it? "Planning For Profitability And Staying On Course - A Step-by-Step Guide to Financial Success!" Reserve your Webinar seat now at: https://www1.gotomeeting.com/register/903220248

October 25, 2009 at 2:31pm
The Restaurant Expert

The Restaurant Expert Looking for something to do this Friday morning? Catch up on blog posts on The Restaurant Expert blog: http://blog.therestaurantexpert.com!

blog.therestaurantexpert.com
I was recently interviewed for an article in Nation’s Restaurant News about steps independent restaurants can take to compete with the likes of the chain restaurants. To read what I had to say and ...
The Restaurant Expert

The Restaurant Expert Good article about what servers do to annoy your customers. Check it out: http://blog.therestaurantexpert.com/?p=657

blog.therestaurantexpert.com
This article about diners’ pet peeves when it comes to servers in a restaurant was in The Dallas Morning News. It’s 10 examples of what diners in the Dallas area hate in a restaurant server.
The Restaurant Expert

The Restaurant Expert This article is about the best explanation and example of what I do for independent restaurant operators. Please share it with anyone you know who owns a restaurant or wants to own one. http://www.nrn.com/article.aspx?menu_id=-1&id=374244

www.nrn.com
Imitation is the sincerest form of competition as independents take a page from chains’ operational playbooks and build strength in numbers
Debbie Marquez
Debbie Marquez
Great David. I printed to share with, well, you know.
October 18, 2009 at 1:50pm
The Restaurant Expert
The Restaurant Expert
That article is because of people like you who take action with what I teach. Thank you so very much for not only believing in what I provide, but most of all... profiting from it. :)
October 19, 2009 at 10:43pm