Net 20 Percent in Profits with These Restaurant Profit Optimization Tips

The success of a restaurant hinges on multiple factors. From food costs to labor, it can be challenging to churn out a profit. However, savvy restaurateurs can employ a few profit optimization techniques to maximize profits.

The Anatomy of a Successful RestaurantTo make your restaurant successful, you first need to know what a successful restaurant looks like. This means following every dollar spent toward success. You must first identify where your money is going and decide if that is the right place for dollars to be spent. But where is the right place for your dollars to go?

Non-Controllables and ControllablesIt all comes down to two main factors regarding your expenses: controllables and non-controllables.

Non-Controllables: Non-controllables are simply out of your control, such as rent, equipment, insurance and utilities. These are all fixed expenses. However, rent is a non-controllable used to measure sales needed. Rule of thumb: rent should be 10 percent of your monthly…