Restaurant Ownership
What High School Students Teach You About Getting the Best Advice
Sure, listen to your family and friends, employees, and co-owners – they love to speak up. Direct, honest communication and encouragement inspires all of us, especially when it comes from people who have nothing but our best interests truly at heart. But nothing equals advice … Continued
How Top Restaurateurs Win With Their Own Secret Sauce
Recently I went to a KFC drive-through. If you know me well, before you fall out of your chair wondering why, know that I wanted to try their new plant-based product. I was curious about it since I’ve been watching that trend and had seen … Continued
How to Hold Restaurant People Accountable and Make Them Happy
Today, we have to live with a lot of odd pairings – such as guidelines we need to follow that might (at first) seem contradictory. An example? The need to be flexible and tolerant with our people (so they stick with us like lifelong fans … Continued
Why Restaurant Managers Decide to Stay with You Forever
Last week I spoke to an Operations Director who had beefed up their management roster and had “one on the bench.” A heroic accomplishment in the current labor market! They also lamented that young managers too often have an attitude of, “I am doing you … Continued
2022, Inflation, and Strategy for Your Restaurant Company’s Cash Reserve
Welcome to an inflationary time, where cash on hand not put to work becomes a depreciating asset. Back when the pandemic started, my first and most important question to all the operators I helped was: What is cash? At that horrible and scary time, instant … Continued
How Top Restaurant Companies Make Current Strategy Succeed
Looking into 2022, the greatest thing top restaurant companies have going for them is that – after experiencing all those previously unimaginable things over the past two years – they have now figured out their strengths, identity, branding, and plans. The future now looks much … Continued
The Five Best Things I Told Restaurant Owners This Year… and Why
Our strength was tested in 2021. Good news: We passed. One of the best coping mechanisms remains laughter. Above find my two favorite iconic pictures from 2021: The restaurant I drove by that put a hot-air balloon on the roof to attract talent, and … Continued
What Top Restaurant Owners Do on Holiday Break 2021
My clients’ activity over the next two weeks varies from taking time off with friends and family at home (or traveling), to going to a mostly empty office for some time to think – to spending mealtimes at their restaurants to greet and appreciate guests … Continued
Six Key Takeaways for Restaurants from My “Beat the Labor Shortage” Workshop
If you missed the workshop I conducted last week, “Beat the Labor Shortage – How to Attract and Retain Talent Without Breaking the Bank,” I’m sharing six key takeaways discovered by the diverse group of owners, operators, educators, and corporate team members who collaborated with … Continued
Why Now Is the Time to Address PPA in Your Restaurants
During the empty-dining-room days of the pandemic, many owners of successful multi-unit restaurant companies got in the habit of dealing only with the new things directly in front of them. Those who fall into that trap now, though, are missing out on the fundamentals that … Continued
How Multi-Concept Restaurant Operators Conquer Their Unique Challenges
Many of my clients operate more than one brand. These operators of multi-unit, multi-concept organizations have challenges that never even show up on the radar for single-concept operators. Still, few yearn for a simpler life. That’s just how the personalities of these owners work. These … Continued
How Top Restaurants Focus on Training During Chaotic Times
Car dealers don’t have cars to sell; we’re waiting until October for the furniture and equipment we ordered back in April. And your trainers can’t find time to train. Welcome to 2021. Training and education are one of the many unanticipated down-line issues associated with the … Continued
How Top Restaurant Owners Enjoy Freedom Now
What did you do over the summer to take time away from your business and enjoy your success? Do you want to be able to do more of that? If so, how can you set up your company in a way to let you do … Continued
How Top Operators Position for Post–Pandemic Success Through Competitive Set Knowledge
Any conscious operator who wants to ace the everyday test of business knows the answers to these two questions: What about your competitors makes you admire them – and makes you work harder to improve? What makes your own business stand out from your competitive … Continued
Three Trends Shape the Future of the Restaurant Industry
My clients in Louisiana have a before-and-after story that’s part of their constant inner dialogue: “before Hurricane Katrina (or Rita or Ike) and after it.” But never before has there been such a nationwide, clear-cut break/delineation/before-and-after line in our industry. Now we have “before the … Continued
Four Biggest Factors of Post Pandemic Restaurant Success
When Winston Churchill advocated the formation of the United Nations and the alliance between himself, Stalin, and Roosevelt, he coined “Never let a good crisis go to waste.” A year ago I told you the other side of the restaurant crisis portion of the pandemic … Continued
How Restaurant Owners Dominate Through Peak Confidence Now
In my Restaurant Owners Success Club last week, we spoke about how, last year, retention simply meant, “I hope I don’t lose my business.” This year it means keeping employees. One of my clients told me, “Being an owner of an independent restaurant company looks … Continued
Meet Me This Weekend at TRA Marketplace!
At Texas Restaurant Association Marketplace this weekend – on Sunday, July 11, I will present a rapid-fire brainstorming education session: “I’m Still Standing. The Pandemic Kicked My Restaurant’s Ass.” I will be on the show floor’s Big Bend Ideas Stage at 10:30 AM on Sunday, July 11, … Continued
Still Standing? Let’s Meet at TRA Marketplace!
At Texas Restaurant Association Marketplace in three weeks – on Sunday, July 11, I will present a rapid-fire brainstorming education session: “I’m Still Standing. The Pandemic Kicked My Restaurant’s Ass.” I will be on the show floor’s Big Bend Ideas stage at 10:30 AM on Sunday, July 11, … Continued
New Twist to Restaurant Summer Vacation Plans 2021
I recently talked to a restaurateur who had just taken his first plane trip in 15 months – and he told me incredulously that it felt “almost like normal.” I’m taking my first one in a few weeks. Last year, the year of oddness and … Continued
Restaurants Biggest Misconception About the Labor Shortage
One of my peers in my international consulting community sent me the results of a small business owner poll taken by Alignable, the small business referral network, about reasons for the hiring shortage. It was interesting…and predictable, with unemployment presented as the #1 reason and stimulus … Continued
How Ultimate Restaurant Success Emanates from Slaying the Corporate Monster
Said no one ever: “Honey, I feel hungry. What corporation do you want to dine at tonight?” One of the myriad changes forced on your multi-unit restaurant company during the crisis phase of the pandemic? Spending your corporate office budget much more wisely. No sacred … Continued
How Restaurants Prep for this Opportunity of a Lifetime
In Texas, from time to time, a bumper sticker appears that says, “Lord, grant me one more oil boom and I promise not to screw it up.” Welcome to our oil boom. Last week I dined with a group of experienced restaurateurs who I noticed … Continued
How To Handle This Restaurant Honeymoon – Webinar Today 4 PM CDT
Attention procrastinators! There is still time to register for the webinar “Let’s Eat – How Restaurants Should Respond as Nighttime Diners Return.” This event takes place at 4 PM CDT today. Register free here. You will hear success stories about my clients and the plans … Continued
What Restaurants Can Do About the Labor Shortage
The latest release in horror movies our industry is part of – our three-pronged labor shortage disaster. When I speak with operators, our first words are usually the zeitgeist pleasantries about Pfizer, Moderna, or J&J, and our next words are always about staffing our restaurants. … Continued
What Restaurants Can Do About the Labor Shortage
The latest release in horror movies our industry is part of – our three-pronged labor shortage disaster. When I speak with operators, our first words are usually the zeitgeist pleasantries about Pfizer, Moderna, or J&J, and our next words are always about staffing our restaurants. … Continued
How Top Restaurants Respond to Diners’ Return
The not-so-secret formula to exceeding your 2019 revenue by double digits? Getting to see friendly faces again. With capacity restrictions on your dining room removed as if by magic, you’ll see lots of customers you recognize from a long time ago. Now that they’re … Continued
3 Things to do Now That Your Dining Room’s at 100% Capacity
With Texas allowing 100% capacity, the honeymoon with our guests is on. But honeymoons don’t last forever. And what about this crisis? It won’t really be over until the case load is low, we understand new post-COVID guest behavior, when the unready or hesitant … Continued
Biggest Concept Refresh Mistakes Restaurants Make
You live your restaurant brand – treating it as your precious, much-loved baby. To you, every tiny change and improvement you make to your restaurant is obvious, just like parents notice their kids changing every few days when they are young. Unfortunately, what is great … Continued
How Restaurateurs Feel After One Year of the Pandemic
Give yourself credit. You made it through the past year. You will never forget it, and definitely never want to repeat anything like it. A year and a week ago yesterday, my daughter and I were at a Dallas Mavericks game, and the person who … Continued
What To Do When Texas COVID Restrictions Are Rescinded on Wednesday
The great Texas Experiment begins next Wednesday. That’s when Governor Greg Abbott has announced he will rescind his statewide mask mandate and capacity limits on businesses. The governor also said, “Personal vigilance to follow the safe standards is still needed to contain COVID. To stay … Continued
How Top Restaurants Dominate in the Post Pandemic World by Boosting GM Effectiveness
They run restaurants and are an organization’s highest VIPs. So it’s not unreasonable that my best clients are continually growing the capability of their general managers. You want them to act like they have ownership, or spend less time on task, or take on activities … Continued
Today’s Best Restaurateurs Know There’s No Shame in Learning from Others
At first, it was a surprise that the younger entrepreneurs I work with today – people in their 30s and 40s, building great brands and futures for themselves and their families – don’t suffer from the ego problems that obstructed their predecessors. They are much … Continued
What Chains Teach Independent Restaurant Operators During the Pandemic
During the pandemic, the pendulum swung in the battle between independent and chain restaurants – now favoring chains. Over time, supremacy has switched from one to the other – and back again. Like between Federer and Nadal Republicans and Democrats The Avengers and Thanos At … Continued
How Top Restaurateurs Prepare to Cross the Pandemic Finish Line
At breakfast before school one day last week, my eight-year-old daughter looked at me over her yogurt-covered waffles (her self-created entrée) and asked me a great question. She asked what would make COVID-19 go away. We’ve all asked the same thing. As we usher in … Continued