Category Archives: Hospitality

Buffet Power in a Restaurant Sales Mix

Buffet Power in a Restaurant Sales Mix This Part 2 of a 3 part series is on Buffet Power in a Restaurant Sales Mix. Click here if you did not read Part 1. In Part 1, we learned about the … Continue reading

Posted in Hospitality, Restaurant Profit | Tagged , , , , , | Leave a comment

Leveraging your Restaurant Sales Mix?

Are you leveraging your Restaurant Sales Mix? Restaurant Sales Mix is the foundation on which restaurant revenues are generated. While profitability concepts between a hotel and a restaurant are broadly similar, they are not the same. A restaurant’s profit model … Continue reading

Posted in Hospitality, Restaurant Profit | Tagged , , , , | Leave a comment

Losing money in operation? 3 Ways to know

Losing money in operation? How would you know? What is meant by losing money? 1. Break even point Every business wishes to continue earning revenues, incurring manageable expenses and retaining good profits. So, sustaining revenues over a period of years … Continue reading

Posted in Hospitality | Leave a comment

5 Myths about Numbers

5 Myths about numbers   The reasons why numbers are  considered outside the realm of an individual with a non-finance background are the myths that surround it.  Moreover, the fact that the phrase “financial analysis” sounds very technical contributes to … Continue reading

Posted in Hospitality | Tagged , , , , | Leave a comment