Do you feel like running your restaurant is eating up all your profits? You're not alone. Many restaurant owners struggle with streamlining operations and managing costs effectively. But what if there was a way to run your independent restaurant like a well-oiled franchise without paying hefty royalty fees? In this episode, we sit down with Fred Langley, CEO and owner of Restaurant Systems Pro. He took his years of experience in the restaurant industry and started helping restaurant owners systematize, not only helping owners revolutionize their operations, but providing the support they need to navigate the complexities of running a successful restaurant. Tune in this week as Fred shares his inspiring journey from dishwasher to restaurant owner and now, a leader in helping restaurateurs revolutionize their businesses. He discusses the common challenges faced by independent restaurants and how implementing the right systems can be a game-changer, helping you take control of your numbers, delegate effectively, and ultimately, boost your bottom line. https://lnkd.in/gHvXeFmQ

This is a unique podcast, as Anthony Codispoti focuses on getting a bit deeper and more personal to help bring out the human side of being an executive. I think his description of this conversation is going to be my new speaker intro! Encapsulates Pepper Lunch Restaurants and my journey so well! Thank you for the platform and great discussion, Anthony. #restaurantleadership #restaurantsuccess #restaurantfranchising #franchiseopportunity

How do you introduce a novel restaurant concept to the US market? In this episode, Troy Hooper CEO of Hot Palette America, the parent company of Pepper Lunch Restaurants, shares his journey bringing a unique Japanese fast-casual dining experience to the United States. Pepper Lunch offers a "DIY teppanyaki" model where customers cook their own high-quality ingredients on a 500-degree iron plate at their table. With over 500 locations worldwide, they're bringing an experiential twist to fast-casual. Troy discusses the benefits of the Pepper Lunch model for franchisees, including low labor costs, no need for skilled culinary staff, and the ability to capitalize on the fast-growing Asian cuisine trend. He also opens up about a challenging time in his career where a major investment deal fell through due to COVID-19, leaving him with no plan B. Troy shares how he pivoted by becoming a stay-at-home dad, immersing himself in online communities, and letting his expertise shine. Troy believes in the power of giving without expectation and openly sharing your dreams. He emphasizes that surrounding yourself with a supportive community is the clearest path to achieving your goals. Mentors that Inspired Troy: 💡Gary Vaynerchuk - insights on developing your passions and understanding people as individuals 💡Will Guidara (author of Unreasonable Hospitality) - lessons on providing exceptional service applicable to any industry Tune in for insights on bringing an innovative dining concept to market, overcoming major setbacks, and the future of automation in the restaurant industry. #PepperLunch #franchising #TheInspiredStoriesPodcast

One of my favorite people to interview are chefs, especially chefs/owners, because on the outside, we only see the delicious meals, but there's so much going on behind the scenes from a business standpoint. Chef Kevin Tien used his savings to open his newest restaurant Moon Rabbit. He knew the stakes were high, but he also wanted to create something on his own terms. I wrote this article for Business Insider where Kevin shares his financial journey to open his restaurant and resources for #AAPI entrepreneurs: https://lnkd.in/em_aZHfY

Here is a really good example of how an independent restaurant operates, including the challenges and opportunities associated with such operations. #restaurant #operations #entrepreneurship

Story of #PatriciaNarayan who began selling tea, coffee, cutlets, and jams in her handcart, now a successful restaurant franchise owner. PS: Story created with information available on the internet. #businessstories #motivationalstories #entreprenuerjourney #businessowners #motivationalstories

Are you curious about the underlying secrets of running a successful restaurant? It's not just about structure, systems, and communication - it's about the power and motivation of the team behind the operation. At Food Hub, we believe that the key to a restaurant's success lies in the people. In the restaurant business, every action, from the kitchen team creating delicious dishes to the front-of-house staff providing an exceptional experience for customers, is driven by the dedication and passion of the team. It's about bringing people together on multiple levels and creating a seamless, coordinated effort to deliver excellence. One of the biggest challenges in the industry is high staff turnover, which can hinder a restaurant's ability to achieve its goals. That's why Food Hub is focused on creating meaningful connections and a culture of excellence, passion, and determination. We believe that the intention and determination of the team is what sets apart a successful restaurant from the average. By fostering a strong, motivated, and passionate team, we aim to propel restaurant projects to success. We understand that the true secret of a thriving restaurant is the commitment and drive of the team behind it. This is the ethos of Food Hub - creating a culture that drives excellence and propels restaurants to new heights. Join us at Food Hub and let's work together to unlock the true potential of your restaurant. #RestaurantSuccessClub #FoodHub #TeamMotivation

The restaurant business is an expensive business to operate. Unlike many businesses whose operating cost is very high, the product of the restaurant is not that expensive in relation to its cost and to the instability of this particular market. That is why the profit in the restaurant industry is very low, about 7% on average. The business owner must make sure that his product is indeed profitable and will be able to cover the required costs. To succeed in this task he needs to conduct monthly or weekly tracking of variable costs and complicated calculations so that all his hard work is not in vain. Many restaurateurs and chefs do not have enough time to perform the necessary follow-up and these complicated calculations, which results in financial losses and at the end of the year restaurants find that they are forced to close their doors. In the restaurant business it is most important to maintain a very profitable product!

🍔 🍔🍔 So…are you one of those poor, frustrated marketing people 😬 that have “the leadership” say “pictures! we want more pictures in the menu!” see link. 😎 The point is that in the restaurant retail business, in most cases, it’s all about the journey when a customer visits a location. Today, more than ever, Covid, post-Covid times the customer needs that engagement, enhacement and attention of feeling special. This is more important than the food itself. Thus, break the traditional codes and start seeing the visit from outside in and not the other way. #fiveguys #menu #menuboard #restaurants https://lnkd.in/djHqu8Zv

Is Restaurant or Cafe Ownership for You? Ever thought about owning a restaurant or cafe? It’s not for everyone and certainly not for the faint of heart. But it can be incredibly profitable and rewarding. People love eating out, and with loyal customers, you can build a successful business. Why They’re Profitable: * High Demand: Everyone loves a good meal out. * Loyal Customers: Great food and service create a strong customer base. * High Margins on Drinks: Beverages often have higher profit margins. Examples: ~ Coffee Shops ~ Pizzerias ~ Food Trucks ~Fine Dining Restaurants Challenges: * Crazy Hours: Be prepared to work nights and weekends. * High Overhead Costs: Rent, utilities, and food costs can add up. * Needs Lots of Love and Marketing: Constant attention and effective marketing are crucial. Want to know what businesses could possibly be the most profitable to own and operate in 2024? Check out our latest blog to dive deeper [link in comments]. #Restaurants #Cafes #ProfitableBusiness #SmallBusiness #Entrepreneurship