Nightclub & Bar Show 2019

Workshop - Erase Your Fear of Budgets Forever & Become the Master of Your Profitability (Room Room S219)

25 Mar 19
9:00 AM - 12:00 PM

Speaker: David Scott Peters. Does the mere thought of writing a budget make your head spin and your heart beat with anxiety? You’re not alone. Most independent restaurant owners use their “gut” to budget their restaurants instead of the real numbers. But it’s not enough. Your budget is a guide to success. It points you to profitability. In this special three-hour session, David Scott Peters, restaurant coach and founder of TheRestaurantExpert.com, teaches restaurant owners how to build a budget the right way. In addition, he teaches attendees how to use the budget to be profitable, focusing on the most controllable number in the restaurant. Peters will teach attendees how to put systems in place to not only control this number, but reduce it and make money. As a bonus to attending this session, Peters will demonstrate budgeting with his Budget Creator Software, and everyone who attends will receive a free copy of the software. Attend this session to learn: The steps to take to create a budget; How to use a budget to more easily recover from unexpected road blocks; How to use a budget variance report to maintain your budget; How to find and calculate the magic number and what makes it what it is; How to easily and quickly know where you stand financially; How to change your management team from a reactive style to a proactive one that gets you results; Fool-proof systems for reducing this key number and making you more money.
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