Tag Archives: ignite insight llc

Restaurant Sales Mix – Contribution Margin

Restaurant Sales Mix – Contribution Margin This is the concluding Part 3 Restaurant Sales Mix – Contribution Margin of the 3 part series. Click if you did not read Part 1 or here for Part 2. In Part 1, we … Continue reading

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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

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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

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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

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Restaurant Performance Snapshot

Restaurant Performance Snapshot The vital statistics of a restaurant operation Do you know the vital statistics of your restaurant operation? If your boss happened to ask you to provide a big picture overview of your restaurant operation, would you be … Continue reading

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Are you leveraging the Quantity Price Magic?

POWER TIPS SERIES Power Tip 4 – Are you leveraging the Quantity Price Magic? If you have not read Power Tip 1, go here for it on RevPAR VS Average Daily Rate focus or Power Tip 2 here for Buffet … Continue reading

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Buffet Spreads – Bundling Food and Beverage Items for Higher Profits

POWER TIPS SERIES Power Tip 2 – Buffet Spreads – bundling food and beverage items for Higher Profits If you have not read Power Tip 1, go here for it on RevPAR VS Average Daily Rate focus. In any hotel … Continue reading

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RevPAR Vs Average Daily Rate Focus

POWER TIPS SERIES Power Tip 1 – RevPAR Vs Average Daily Rate Focus Recently, while working with my customer, I was asked this question: Why should hotel RevPAR be preferred over Average Daily Rate? My response was this. If you … Continue reading

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