July Seminar Teaches How to Cut Restaurant Labor Costs

PHOENIX - June 11, 2013 - PRLog -- (PHOENIX – June 11, 2013) Restaurant Expert David Scott Peters teaches restaurant owners everything there is to know about running a profitable restaurant. And on July 8, he is hosting a one-day seminar focusing on cutting labor costs.

“Labor is the second highest expense in any restaurant,” said Peters. “The only thing that costs restaurant owners more than their labor is empty seats. But we teach some really productive ways to trim labor costs while still meeting customers’ expectations for service, and that’s what we’ll focus on during this next one-day seminar.”

Most restaurants are run with one number in mind: prime cost. But prime cost is the combination of a few different costs in a restaurant: the combination of a restaurant’s total cost of goods sold and labor costs. Most independent restaurants have a prime cost well above 65 percent; Peters teaches restaurant owners how to cut costs to achieve a 55 percent or lower prime cost.

“Restaurants are traditionally very hard businesses to make money in and with increasing food and transportation costs, the margin seems to get slimmer every year,” said Peters. “Prime cost is the magic number. If a restaurant owner can operate at or below 55 percent prime cost, they will make money in their restaurant regardless of the rising costs. That’s what we teach attendees.”

What: Take Action: Restaurant Success Seminar Series

When: July 8

Where: TheRestaurantExpert.com’s World Headquarters in Phoenix, Arizona

The cost to attend is only $149 and any attendee is welcome to bring a guest at no additional charge.

Peters teaches independent restaurant owners how to use systems to increase their profits and take control of every aspect of their operation. He focuses on his self-developed SMART Systems — Simple, Measurable, Applicable, Repeatable and Trainable.

Independent restaurant owners can register for the workshop at www.therestaurantexpert.com, or call Nick Saldi at 1-877-457-6278, ext. 11.

About TheRestaurantExpert.com

David Scott Peters is a restaurant expert, speaker, coach and trainer for independent restaurant owners. He is the founder of TheRestaurantExpert.com (http://www.therestaurantexpert.com) and the developer of SMART Systems Pro, an online restaurant management software program helping the independent restaurant owner remain competitive and profitable in an industry boxed in by the big chain restaurants. He and a team of experienced and passionate coaches help restaurant owners solve their biggest financial and employee challenges so they can run successful and profitable businesses. Learn more at www.TheRestaurantExpert.com.