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The Ultimate Restaurant Marketing Guide and all our FREE Resources at https://www.makingdoughshow.com/resources
Episode 35 - how to increase prices without losing customers: https://www.youtube.com/watch?v=s41n5KsNGk8&t=45s
Do your servers fully understand the impact of upselling?
Have THEY done the math? Have YOU done the math to calculate the opportunity at hand if you simply increase your AVG ticket by 1 dollar?
Today we are chatting about the real impact of upselling!
DOUGH MAKING PLAN:
Have YOUR servers do the math! What’s the AVG # of tickets, what’s your AVG ticket and if it was $1 higher per YEAR. Have THEM pull out the calculator and do the math! In the next episode we will talk about 5 actual reasons why your servers do not consistently upsell aside from the math!
The absolute easiest upsell that would require minimal training and 8 out of 10 customers always say yes to! Subscribe. Got questions? Anyway we can help you with your marketing?
Email us at [email protected]
// WHO: Matthew and Hengam Stanfield are the owners of two restaurants in San Antonio. Their background is in engineering. They tripled their restaurant sales in less than 5 years with 0 prior restaurant experience. They believe every restaurateur deserves owning a restaurant that does not own them.
// Need help with your restaurants marketing strategy? Let’s chat. Email us at: [email protected]
// LET'S CONNECT:
SUBSCRIBE to our Youtube Channel: https://bit.ly/2sif5kX
SUBSCRIBE to our Podcast: https://anchor.fm/makingdoughshow
FOLLOW us on Instagram: https://bit.ly/2SLRp42
CONNECT on LinkedIn: https://bit.ly/2D0a3QA
// Got questions? Submit your questions for a future Q&A episode at https://www.makingdoughshow.com/
#RestaurantMarketing
Our greatest enemy in the restaurant business is OBSCURITY and social media can be the cure.
But, if you are continuing to use social media in 2019 like it’s 2017 then you are not maximizing this powerful tool and most likely losing a lot of money and getting frustrated.
Today we are talking about
// Need help with your restaurant marketing strategy?
Let’s chat. Email us at: [email protected]
// Download our FREE Guide: 52 Ways to GROW your Restaurant sales on our website:
https://www.makingdoughshow.com/resources
// HOW TO MARKET YOUR RESTAURANT ON FACEBOOK GROUPS
https://www.youtube.com/watch?v=SXO_kbV7m5Y
// LET'S CONNECT:
SUBSCRIBE to our Youtube Channel: https://bit.ly/2sif5kX
SUBSCRIBE to our Podcast: https://anchor.fm/makingdoughshow
FOLLOW us on Instagram: https://bit.ly/2SLRp42
CONNECT on LinkedIn: https://bit.ly/2D0a3QA
// Got questions? Submit your questions for a future Q&A episode at
https://www.makingdoughshow.com/
// WHO: Hengam Stanfield is the co-owner of two restaurants in San Antonio alongside his husband Matt. Their background is in engineering. They tripled their restaurant sales in less than 5 years with 0 prior restaurant experience.They believe every restaurateur deserves owning a restaurant that does not own them.
The Ultimate Restaurant Marketing Guide and all our FREE Resources at https://www.makingdoughshow.com/resources
Do you have a disaster plan in place when the disaster hits your restaurant?
Today I share with you our little disaster experience this week! I also share with you
5 steps to come up with your own Disaster Plan.
1- Have a sequence of critical equipment and services you need to function. The non negotiables.
2- Have a list of service companies, their contact information and phone number somewhere in the store easily accessed by management. So in case of an issue, you don't waste minutes finding a reliable plumber and etc.
3- Stay calm. In the show I give you a practical tip on how to stay calm in the midst of chaos.
4- Learn to be handy and tech savvy - just a little! For two reasons, if you can fix small things around the restaurant and at least trouble shoot you can save yourself hundreds of dollars, and the second reason is that if a technician smells ignorance, he'll have you for lunch! Now, not all technicians are like that of course.. But there are many of them out there!
5- Have a Disaster budget, repair budget. If you have a budget, and consider the cost, then, you'll be far less stressed and shocked WHEN the disaster hits. Again, not if but WHEN.
#RestaurantMarketing #disasterplanning
// Need help with your restaurants marketing strategy?
Let’s chat. Email us at: [email protected]
// LET'S CONNECT:
SUBSCRIBE to our Youtube Channel: https://bit.ly/2sif5kX
SUBSCRIBE to our Podcast: https://anchor.fm/makingdoughshow
FOLLOW us on Instagram: https://bit.ly/2SLRp42
CONNECT on LinkedIn: https://bit.ly/2D0a3QA
// Got questions? Submit your questions for a future Q&A episode at
https://www.makingdoughshow.com/
// WHO: Hengam Stanfield is the co-owner of two restaurants in San Antonio alongside his husband Matt. Their background is in engineering. They tripled their restaurant sales in less than 5 years with 0 prior restaurant experience.They believe every restaurateur deserves owning a restaurant that does not own them.
How to Open a Restaurant with no money?
Maybe you feel stuck working at a restaurant for years and you are researching online ways to open a restaurant with no money which is a question I received from Joseph. Joseph sent us a message on our website. You can do the same, go to our website MakingDoughShow.com, scroll down and submit your question and I’ll be happy to cover it in a future show.
Joseph is passionate about cooking and he asked me how he can open a restaurant with no money.
Let’s talk about why you need money to open a restaurant!
We have 2 scenarios:
Build Out a new restaurant
Buy an existing restaurant
Building out a restaurant from scratch can cost anywhere between 50K to 70K..
It would involve a landlord giving you somewhere around 90 days after which the rent will start.
You have 90 days to BUILD the restaurant OUT. I mean, flooring, gas pipes, plumbing, makeline, walk in and other refrigeration, plates, forks, stove, AC unit, POS, bar, tables, chairs.. Everything. You get the idea! I strongly not recommend a Build Out if you are new OWNING restaurant.
Owning vs working at a restaurant is very different.
----
Ok. we narrowed down your options to 1: buy an existing restaurant. You have a few options when it comes to buying an existing restaurant: The restaurant is closed and it’s an asset purchase The restaurant is operational and it is failing = at break even point or below break even point = you make 0 to negative amount of money at the end of the month in terms of PROFITS.
When we bought our first restaurant, it was making around $450K a year which is good bit of pizza if you consider and it was a few hundred thousands of $ BELOW breakeven as in, after making hundreds of thousands of $ you have 0 profit.
These are your 2 options and that is why the owner is selling!
Let’s talk about Asset purchase. Here there are also 2 options:
Asset purchase means you are purchasing the physical assets of the restaurant. Ovens, makelines, furniture, cooking appliances, tools and etc.
This amount varies depending on the asset you are purchasing
NINJA Tips:
You can hire an equipment appraisal person to come in and appraise the asset! As in, the owner and the broker say it’s 35K and maybe the actual value of the asset is $25K and you pay an equipment appraisal person $400 and that can save you a few thousands of dollars.
We bought a restaurant for 40K and the assets looked wonderful and we had to re-purchase and replace the makeline, the AC unit, 2 refrigeration units within the first MONTH. If I could go back, I would definitely hire a kitchen equipment appraiser.
If the restaurant is below breakeven at the time of purchase, you MUST have a very strong marketing plan in place friend or you will be decimated.
// Need help with your restaurant marketing strategy?
Let’s chat. Email us at: [email protected]
// LET'S CONNECT:
SUBSCRIBE to our Youtube Channel: https://bit.ly/2sif5kX
SUBSCRIBE to our Podcast: https://anchor.fm/makingdoughshow
FOLLOW us on Instagram: https://bit.ly/2SLRp42
CONNECT on LinkedIn: https://bit.ly/2D0a3QA
// Got questions? Submit your questions for a future Q&A episode at
https://www.makingdoughshow.com/
// WHO: Hengam Stanfield is the co-owner of two restaurants in San Antonio alongside his husband Matt. Their background is in engineering. They tripled their restaurant sales in less than 5 years with 0 prior restaurant experience.They believe every restaurateur deserves owning a restaurant that does not own them.
How to Open a Restaurant with no money
Maybe you feel stuck working at a restaurant for years and you are researching online ways to open a restaurant with no money which is a question I received from Joseph.
Joseph sent us a message on our website. You can do the same, go to our website MakingDoughShow.com, scroll down and submit your question and I’ll be happy to cover it in a future show.
Joseph is passionate about cooking and he asked me how he can open a restaurant with no money.
// Need help with your restaurant marketing strategy?
Let’s chat. Email us at: [email protected]
// LET'S CONNECT:
SUBSCRIBE to our Youtube Channel: https://bit.ly/2sif5kX
SUBSCRIBE to our Podcast: https://anchor.fm/makingdoughshow
FOLLOW us on Instagram: https://bit.ly/2SLRp42
CONNECT on LinkedIn: https://bit.ly/2D0a3QA
// Got questions? Submit your questions for a future Q&A episode at
https://www.makingdoughshow.com/
// WHO:
Hengam Stanfield is the co-owner of two restaurants in San Antonio alongside his husband Matt. Their background is in engineering. They tripled their restaurant sales in less than 5 years with 0 prior restaurant experience.They believe every restaurateur deserves owning a restaurant that does not own them.
Let’s talk about why you need money to open a restaurant!
We have 2 scenarios:
Building out a restaurant from scratch can cost anywhere between 50K to 70K..
It would involve a landlord giving you somewhere around 90 days after which the rent will start.
You have 90 days to BUILD the restaurant OUT. I mean, flooring, gas pipes, plumbing, makeline, walk in and other refrigeration, plates, forks, stove, AC unit, POS, bar, tables, chairs.. Everything. You get the idea!
I strongly not recommend a Build Out if you are new OWNING restaurant.
Owning vs working at a restaurant is very different.
I talk about this in the show. It requires a totally different sets of skills to OWN vs work (server, chef) at a restaurant.
A build out is very stressful and expensive. You need to make hundreds of decisions and if you are tight when it comes to money it’s not recommended.
The Ultimate Restaurant Marketing Guide and all our FREE Resources at https://www.makingdoughshow.com/resources
In today's show I take you behind the scene of the numbers we track on a daily and weekly basis to ensure week after week we are on track to hit our monthly sales goals.
Running Your Restaurant by the Numbers is key and it must be managed on a weekly basis.
// Need help with your restaurants marketing strategy?
Let’s chat. Email us at: [email protected]
// LET'S CONNECT:
SUBSCRIBE to our Youtube Channel: https://bit.ly/2sif5kX
SUBSCRIBE to our Podcast: https://anchor.fm/makingdoughshow
FOLLOW us on Instagram: https://bit.ly/2SLRp42
CONNECT on LinkedIn: https://bit.ly/2D0a3QA
// Got questions? Submit your questions for a future Q&A episode at
https://www.makingdoughshow.com/
// WHO: Hengam Stanfield is the co-owner of two restaurants in San Antonio alongside his husband Matt. Their background is in engineering. They tripled their restaurant sales in less than 5 years with 0 prior restaurant experience.They believe every restaurateur deserves owning a restaurant that does not own them.
#RestaurantMarketingStrategy
The Ultimate Restaurant Marketing Guide and all our FREE Resources at https://www.makingdoughshow.com/resources
We are chatting about 5 Small Town Restaurant Marketing Ideas.
5 Small Town Restaurant Marketing Ideas:
SUBSCRIBE to our Youtube Channel: https://bit.ly/2sif5kX
SUBSCRIBE to our Podcast: https://anchor.fm/makingdoughshow
FOLLOW us on Instagram: https://bit.ly/2SLRp42
CONNECT on LinkedIn: https://bit.ly/2D0a3QA
#RestaurantMarketingIdeas #SmallTownMarketing
The Ultimate Restaurant Marketing Guide and all our FREE Resources at https://www.makingdoughshow.com/resources
How to Run a Successful Coupon Marketing Campaign?
First we need to consider the pros and cons or coupons. Also, the season your restaurant is in. Your current customers and their expectation as well as your competition!
The correct way of viewing coupons is NOT to grow sales for an evening but rather, it's more about gaining new customers for life!
Type of Coupons:
In this show I share with you the logistics you need to consider when it comes to offering coupons. What has worked for us and much more!
The Ultimate Restaurant Marketing Guide and all our FREE Resources at https://www.makingdoughshow.com/resources
Is it time increase your prices again?
Today I am sharing with you how we are increasing our prices yet again right before June and the summer season.
You servers don’t want to be confronted with an angry customer and in the case of our manager she is scared by just one customer considering we sell hundreds of calzones every month!
When was the last time you increase your prices?
If it’s been more than a year, you may want to consider that this month. Specially as we enter the summer season where you will hopefully get a boost of sales.
Here is the reality that your staff and customers don’t know about:
One of the ways to combat these realities and difficulties is by increasing prices!
When you increase prices here is what happens:
Sort Out Logistics:
I know you want to Grow Your Restaurant and today we are talking about an unavoidable and painful part of growing any business.
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Got Questions? Feedback?
Submit it on our website: www.MakingDoughShow.com
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