When I first started developing operational systems in restaurants, I relied heavily on spreadsheets. Excel was revolutionary, and I pushed that program to the max. Spreadsheets were the best way to organize the systems, track numbers, track inventory and do all kinds of operational tasks in the restaurant. But they were dangerous because you could end up with duplicate copies, lost data, corrupt files, etc. So when technology came into the restaurant picture, I quickly adapted my methods and systems into technology – I even developed a restaurant management software! Now we have AI – the machines are doing some incredible work for restaurant owners and making sorting restaurant data so much more efficient. In this episode of my podcast, The Restaurant Prosperity Formula, I want to introduce you to Branden McRill, the co-founder of 5-Out, a forecasting tool for restaurants. 5-Out predicts what you’re going to sell and when you’re going to sell it to optimize labor and purchasing. Using machine learning, AI and predictive analysis, in just five minutes, 5-Out integrates a wide range of systems you already use, such as point of sale, labor scheduling, purchasing and inventory, weather, social media, ordering, news and events. Branden gets it. He understands the importance of having the right and timely numbers to run your restaurant the right way. Tune in to hear our discussion about running restaurants, pick up some useful tips and learn about the potential of synergizing your restaurant data for maximized decision making.

Learn the 3 principles the most successful restaurant owners follow and how you can learn to follow them, too: https://dsp.coach/principlesx3

Learn more about 5-Out: https://www.5out.io/

Sponsor – Repeat Returns: http://repeatreturns.com/dsp