The 10 Biggest Mistakes Owners Make in Their First Year

  1. Systems and controls not developed to control cost of goods, waste, and pilferage
  2. Incorrect concept for the location
  3. Unfavorable lease costs and option terms
  4. Budgets not prepared or incorrectly determined
  5. Food and beverage not designed to fit gross profit targets
  6. Not having a well-defined and budgeted marketing plan
  7. Daily and weekly management reports followed by timely income statements not available for project review
  8. Staffing not sufficient in experience, service training and product knowledge
  9. Under capitalization
  10. Not seeking advice from restaurant professionals…contact us¬†for a free evaluation.

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