I help restaurant owners build a growing and more profitable business
... the perfect accompaniment to your accountant
REAL-LIFE CHALLENGES
Have you ever felt like you’re working too hard, and too many hours?
Your business isn’t growing as you’d like it to? You’re not making enough money? Your business isn’t as fun as it used to be?
If so, don’t worry. You’re not alone.
Business is hard. And for small business owners, it can be lonely. It’s hard whether you’re just starting out, or have an established restaurant.
Juggling cash flow, trying to balance work with family time, dwindling savings, trying to keep afloat, and no matter how hard you work, you just can't get out of that hole.
As a restaurant business owner these will hold true. You …
❌ are working too many hours, for little result. You often feel tired with no real drive and purpose. It’s just not fun
❌ don’t have enough cash in the bank, so you have no financial security to cover unforeseen costs; you're anxious about making payroll, you're surviving week to week, and no matter how hard you try, you just can't get your head above water
❌ rising food costs, business rates, rent, and other costs are preventing you from turning a profit sufficient enough to draw an income that makes it all worthwhile
THE SOLUTION
The answer is often to go back to basics, and to look these 3 powerful drivers of profitability and cashflow:
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How can we sell more covers, more often, to more customers, for a higher gross profit?
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Our biggest overhead costs are food, salaries, and probably rent and rates. What can we do to reduce these and other costs?
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Are we measuring the things that really matter?
When we start working together, you will:
✅ Identify where you are now, where you want to go, and exactly how to get there. You'll have a roadmap that gives you a clear picture of how to overcome challenges, and build the business you want. You’ll have a renewed sense of purpose and vitality
✅ Never worry about whether you'll have the cash to cover salaries, supplier invoices or your upcoming tax bill. Through sound financial control, you’ll have systems in place that enable you to plan, monitor and track the business’s performance against your desired outcome
✅ Have the freedom to “choose” how you spend your day…. Invest time in your business, or take time out to have fun with family and friends. YOU now decide how to spend your time!
Some of the key areas that we may cover if they are important to you include:
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How to set and achieve your personal and business goals
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How to identify and tackle the major challenges facing your business
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How to price your menu at a level that gives you the gross profit to cover your overheads
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How to trade more profitably, and improve cashflow so you can say goodbye to sleepless nights and worrying whether you’ll have the cash to pay wages at the end of the month
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How to reduce your company and personal tax bills. That means more cash in the company, and more cash in your pocket
“We didn't have the time or expertise to manage our finances effectively. This lead to cash flow problems, unexpected tax liabilities, and missed opportunities for growth.
We now have efficient bookkeeping systems, and get regular financial reports that offer insights into the restaurant's performance. We now understand the importance of our key numbers, and how to use them to make good decisions"
“Like all restaurants we operate on thin margins making it really hard to manage our cashflow. Seasonal fluctuations, unexpected expenses, and poor debt management made our cash flow challenges worse.
We've since learnt how we can improve cash flow, such as better stock management, pricing, and minimising costs. We also have regular meetings to review our cash flow projections and identify potential issues before they become problems"
"We never realised the different ways we could pay less tax, and how we could use those savings to put cash back into the business.
We were living week to week, struggling to pay wages and keep our heads above water, let alone pay ourselves a wage. We've now increased our top line, reduced costs, and have "separate bank accounts" where we put money by each week, so there's always enough money to pay everyone.
It makes things much less stressful"
Through monthly one-to-one accountability sessions, we’ll tackle challenges together, and ensure you stay “on track”
This sounds great. How do I get started?
You and I will meet every month via zoom, for a 1 hour strategy meeting. We'll work through your challenges together, and by holding each other accountable we'll make improvements to your business, and solve those problems that are keeping you from living the life you want.
Click on the "Book a call" button, to send me a message.
We'll schedule a zoom call to walk through your challenges, and how I can help. I'm looking forward to seeing you soon.
Some more powerful features of my coaching that will be really helpful to you, include:
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Unlimited emails
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Unlimited WhatsApp messages
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Up to 10 phone calls each month
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No contracts or surprise bills
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One-on-one meetings with me personally
