Tips for Using a Restaurant Budget

 In 1. David Scott Peters, budget, Food Costs, Restaurant Management, SMART Systems

Most all independent restaurant owners use their “gut” to budget their restaurants instead of the real numbers. I’m here to tell you that it’s not enough. Your restaurant budget is a guide to success. It points you to profitability.

A budget is the document that keeps you headed in the right direction. Sure, you’ll make some missteps that have to be corrected. Sure, you’ll encounter some unexpected events and expenses that will throw your budget off. That’s normal. That’s business. That’s life.

What do you do when that happens? If you’re comparing your budgeted to your actual at least once a month, you put plans in place to ensure unexpected events don’t derail your entire year.

In this video I explain more about tips for using a restaurant budget.

Once you have a budget, you can’t let it sit and gather dust. Use it!

If you’re sick and tired of getting to the end of the year and not having the money you expected, create a budget! If you’re ready to do it, we have a great special report that will take you through the exact process of creating a restaurant budget. I’ve broken the report into three parts.
– Part 1: Forecast your restaurant’s sales
– Part 2: Create the budget
– Part 3: Populate the budget

A budget is your guide to be profitable. It’s essential to running a profitable restaurant. Download our free report today and get your budget created this week!

David S. Peters
Aside from being the founder of TheRestaurantExpert.com and serving as a Member coach, David is also a dynamic and engaging speaker. He is available to present in large group settings targeting independent restaurant owners, whether they own one location or a multi-unit chain.
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