Chapter
Improving restaurant margins in the hospitality industry
The speaker shares that they were able to increase their restaurant margins from 10-12% to 20-25% in the hospitality industry by making obvious changes such as improving hospitality, booking processes and reducing food waste.
Clips
The speaker talks about how they've improved margins in their restaurants from 10-12% to 20-25% through simple improvements.
1:53:25 - 1:55:23 (01:58)
Summary
The speaker talks about how they've improved margins in their restaurants from 10-12% to 20-25% through simple improvements. They highlight the importance of focusing on hospitality, booking process, and reducing food waste.
ChapterImproving restaurant margins in the hospitality industry
Episode#341: Nick Kokonas — How to Apply World-Class Creativity to Business, Art, and Life
PodcastThe Tim Ferriss Show
A consultant introduces a visual tool that helped a busy chef make better decisions by presenting data in a comprehensible way.
1:55:24 - 1:58:43 (03:19)
Summary
A consultant introduces a visual tool that helped a busy chef make better decisions by presenting data in a comprehensible way. The tool simplified the chef's work of going through receipts and figuring out the food costs.