Nishant verma | Restaurant growth consultant @nishant_vermaa
Helping restaurant get consistent sales,📈 charge High while being Extremely Profitable 💰 digitalcatapult.in India Joined July 2020-
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Following639
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Effective Budgeting: A Pillar of P&L Success "A well-crafted budget is essential for P&L success. It sets financial expectations and helps control spending. Regularly compare actual performance against your budget to make necessary adjustments and stay on track."
Understanding Profit & Loss statements is crucial for any restaurant owner. It's not just a financial document, it's a roadmap to your business's success. By mastering P&L statements you can make informed decisions, spot trends, and ensure your restaurant is on the path to profit
3 Undeniable Truths of Business 1. What gets measured gets managed. 2. What gets managed improves. 3. Profit improvement begins with measuring your key activities. "You can’t change it, if you don’t measure it!" -
Life is too short to worry about little things. Have fun. Fall in love. Regret nothing, and don't let people bring you down. Study, think, create, and grow. Teach yourself and teach others.
Never regret a day in your life; good days give happiness, bad days give experiences, worst days give lessons, and best days give memories.
Your skills are more valuable than your grades. 🧠
Wishing you a year filled with joy, laughter, and endless possibilities. Happy New Year! #HappyNewYear2024
This is KYC - Know Your Country 🇮🇳 On its path towards becoming the world’s 3rd largest economy, 4th largest military & largest young consumer market (1/5th of global consumers below 30 yrs), India is indispensable to the world. We will see entrepreneurship like never before.
Believe what you see, not what you’re told
The courage to start. The discipline to focus. The confidence to figure it out. The patience to know progress is not always visible. The persistence to keep going, even on the bad days. That's the formula.
Yeses give you opportunity. Nos give you feedback. The only way you lose is by doing nothing.
You all know how to run a restaurant, You all know what to do, You just don't do what you know consistently, & it's where you get stuck. #restaurants #cloudkitchen #restaurant #ghostkitchen
In the heart of every great meal is the passion of those who prepare and serve it.
"To all the restaurant owners: Your passion feeds success. Keep sizzling with creativity and determination! 🍽️💪 #RestaurantSuccess #KeepCooking"
(5/5) Remember, success in the restaurant industry requires creativity, strategic planning, and adaptability. By addressing these challenges head-on and implementing these solutions, you can position your restaurant for long-term profitability and growth. 🌟 #RestaurantProfit
(4/5) Sustainability: Reduce costs and attract eco-conscious diners with energy-saving practices and sustainability initiatives. Adaptability: Stay agile and pivot your business model if needed. Financial Planning: Develop a comprehensive financial plan and monitor performance
(3/5) Customer Loyalty Programs: Encourage repeat business with discounts and exclusive offers for loyal customers. Staff Training: Invest in improving customer service and efficiency. Data Analytics: Gain insights into customer preferences and tailor offerings and marketing.
(2/5) 🍽️ Menu Engineering: Analyze your menu to identify high-margin items. Promote profitable dishes and revamp underperforming ones 🛒 Cost Control: Negotiate with suppliers, reduce waste, and optimize staff scheduling. 💻 Online Presence: Embrace technology for online order
(1/5) 🚀 Solution: There are proactive measures you can take to enhance your restaurant's profitability: Menu Engineering Cost Control Online Presence Customer Loyalty Programs Staff Training Data Analytics Sustainability Adaptability Financial Planning Marketing and Promotion

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