Andrew R. Scott’s Post

Two Restaurants, two states, One big problem - Profitability! When Elaine and Paul started with Ownershift, primes at each respective restaurant were over 80% fast forward to mid February, and those numbers have been reduced to 53.3% and 45.81%! It's amazing what happens when you implement our Restaurant Freedom Formula™ 💪 #clientwin #clientsuccess

⚠️ 3 Common Pricing Pitfalls & How to Avoid Them... In his latest blog Ted Babcock identifies three common pricing pitfalls we see restaurant operators make ➕ practical tips to sidestep them. (A thoughtful approach to pricing can mean the difference between profit and missed opportunities!) 👉 https://hubs.ly/Q02Y4Fj90 👈 #RestaurantPricing #PriceOptimization #MenuOptimization #RestaurantGrowth #NewBlog

Did you know that approximately 60% of restaurants change ownership within the first five years? Whether you’ve owned your restaurant one, two or ten years, knowing your restaurant's value is crucial for making informed business decisions about when and how much it might sell for. ➡️Check out our article: Restaurant Valuation Made Simple: Expert Tips and Strategies Read it now: https://hubs.la/Q02FFfTD0 #WeSellRestaurants #CertifiedRestaurantBroker #RestaurantValuation

The restaurant industry is set to break records with $1.1 trillion in sales by the end of 2024! 🚀 Here are some highlights of the industry's innovative growth projection, according to National Restaurant Association. https://hubs.ly/Q02DMDhc0 #FoodserviceIndustryTrent

Ready to skyrocket your restaurant sales? Here are some unbeatable ways to boost your business and keep customers coming back for more! What's your favorite strategy for boosting sales? Share in the comments! #RestaurantSales #BoostSales #CustomerService #MarketingTips #LoyaltyPrograms #SeasonalMenus #CommunityEngagement #RestaurantMarketing #BusinessGrowth #FoodBusiness #HospitalityIndustry #RestaurantManagement #CookandChef #CulinarySuccess

Did you know 𝟔𝟗% 𝐨𝐟 𝐩𝐞𝐨𝐩𝐥𝐞 love to return to businesses that reward them? That's the power of loyalty programs! This blog post explores different program ideas and success stories to help you find the perfect fit for your restaurant. Learn effective ideas here: https://lnkd.in/gMpTkzRG #restauranttips #loyaltyprogram #customerengagement #rewards #restaurantindustry

When eateries provide online ordering, nearly 60% of them can anticipate higher sales! Ready to boost your restaurant's revenue? Discover how KloudEats can help you tap into this potential. #KloudEats #OnlineOrdering #BoostSales #RestaurantSuccess

We asked 50 restaurants how much they spend on labor costs, and found that top performing restaurants keep these costs below 35% of their annual revenue. On the other end, low performing restaurants are spending more than 40% of their annual sales on labor costs. Are you a top performing restaurant? Learn more in our Restaurant Industry Benchmarking Study: https://lnkd.in/eb7iqBkC

From attracting a steady stream of customers to creating a vibrant atmosphere, we have the insights you need. Download our unique 6 clicks restaurant advertising strategy to thrive year-round! 📈🍽️ #HospitalitySuccess #RestaurantMarketing #CustomerRetention #restaurantmarketing #restaurantmarketingtips #restaurantmarketingsuccess #restaurantmarketingagency #restaurantmarketingstrategies #restaurantmarketingadvice #restaurantmarketingcompany #restaurantmarketingexpert #restaurantmarketingguide #restaurantmarketinghelp #restaurantmarketinghacks #restaurantmarketingideas #restaurantmarketingstrategy #restaurantmarketingtip #restaurantadvertising

The 2024 Technomic Top 500 Chain Restaurant Report is here, revealing the biggest players in the industry. Cook Out Restaurants claims the #137 spot this year. Read on for the full Top 500 list (the first time we’ve published it in its entirety) as well as in-depth coverage of every industry segment. https://lnkd.in/gt6D5ZmB