We analyse your current situation and we design and implement a system of operational and financial controls in your restaurant. This system will insure cost savings and will provide an accurate reporting system so you can understand where you are standing on a daily basis and take action if you are not where you should be.
These are some of the things we can review for you:
Restaurant feasibility study. We do the numbers for you before you decide to invest in a new site to ensure you are investing in a viable and profitable business.
Menu engineering including:
Costing of all dishes and batches from current food and drinks menu
Analysing Sales Mix and Theoretical GP for food and drinks menu
Review real Gross Profit and find tools for the team to track weekly & monthly
Identify the need for stock take and implement procedures
Review of Staff Costs and Service Charge structure
Implementation of weekly tracker with main ratios
Set up of structure for management meetings
Analysis of restaurant flow and operations
End of the day reconciliation
Review current financial situation and identify areas of improvement
Financial training sessions for the team and management
Create a budget for the year (weekly, monthly & yearly)
Translate the budget into a set of goals for the team
Create incentives for the team to improve motivation and growth
Review suppliers and other critical expenses
Set up audit procedures based on targets
We also offer one-on-one CONSULTING to help you get all of your operations running at peak capacity.
Pilar joined us as a financial consultant with a speciality in hospitality. Her brief was to review the financial structure of the business and set up control procedures to ensure we were running as efficiently as possible.
Pilar worked closely with the team to really understand how our business works. We have several small outlets – a lot of staff and moving parts. She quickly got grips with our specialist needs, and tailored her extensive knowledge of hospitality finance and operations to our model and came up with interesting and easy to implement solutions to challenges we face.
It was an absolute pleasure working with Pilar and her time with Yum Bun has been crucial in preparing us for next stage in our development.