Nine Effective Strategies to Save Your Restaurant Money Starting Right Now

Let’s face it, most businesses are looking for ways to save money. This is especially true in the ultra low margin business of restaurants (three-to-five percent margins). Nearly 60 percent of all restaurants fail within the first three years of operation.

This isn’t because they lack tasty food, or even lack customers, but they often fail to balance the cost of their operations against the amount of money they are taking in.

If you are a restaurateur and you find yourself struggling to make it work, then don’t worry, we have your covered. Below I lay out nine actionable strategies that you can use today to start cutting down your costs.

Let’s jump in.

Train Your StaffGet your staff involved to help you cut down costs. Let them know to keep the lights off when the restaurant is closed. Have them be mindful about dripping faucets, running toilets or running the dishwasher when it is not full. These simple things can add up over the day to day operations of a business.

Install…