Championed by our friends at Community Futures Sunrise
How do you make a small fortune in the restaurant biz? Start with a large one!
It's a running joke (albeit a bad one) in the food industry and one both Ron and Taunya have experienced first-hand. Joking aside, the restaurant biz is known as a "penny-industry", where every single cent needs to be scrutinized in order to turn a profit. And now, add a Coronavirus to the mix, and the recipe's even tougher to nail!
Thanks to our champion, Community Futures Sunrise, you can catch Ron Robichaud's winning formula for creating bottom-line profit in your restaurant, either through implementing Best Practices (Part 1), suggestions to Hold the Line through Covid (Part 2), or considering any number of of the Quick Fire creations (Part 3).
Part 1 // Best Practices
01:57 Covid as a Catalyst
07:32 Quality and Quantity Control
09:50 Costing Menu Items and Pricing
18:35 Customer Service and Upselling
Pandemic or not, there's a "Rule of Thumb" Ron walks us through in this first segment of Rural Resilience for Restauranteurs. Uncover many of the industry's best practices including the Rule of 30!
SIGN UP TO THE GAB LAB VAULT... FOR FREE...
to download the FREE Playbook and Worksheets
compliments of Community Futures Sunrise.
Part 2 // Hold the Line
01:31 Ensuring Safety and Security
08:00 Increasing Team Efficiency
13:01 Limiting Menu Items and Maximizing Margins
19:07 Gearing Up For Take Out
Ron had so many golden nuggets, 30 minutes wasn't enough. In this follow up segment, tune in to hear Ron's advice for restauranteurs, looking to hold the line through Covid.
SIGN UP TO THE GAB LAB VAULT... FOR FREE...
to download the FREE Playbook and Worksheets
compliments of Community Futures Sunrise.
Part 3 // Quick Fire Round
01:00 Gift Cards
01:45 Corporate Sponsors
04:29 Frozen and Prepared Meals
06:01 Meal Bundling
06:31 Pre-Orders and Holiday Offers
07:55 Enhanced Experience
09:30 Creative Partnerships
11:14 New Markets
12:05 Extending Seasonality
15:85 ROI of Time
Things are heating up! Today's Quick Fire Round provides the Restauranteur with a number of ideas to generate top-line revenue in the business. BUT... don't forget to calculate your ROI on time to ensure the idea will pay off.
SIGN UP TO THE GAB LAB VAULT... FOR FREE...
to download the FREE Playbook and Worksheets compliments of Community Futures Sunrise.
Champion Spotlight // Community Futures Sunrise
This, our first episode, wouldn't have been possible without the generous support of our friends at Community Futures Sunrise.
If you're an entrepreneur operating in south-east Saskatchewan, reach out to their team. They've got your back, through the best and the toughest of times.
1.877.851.9997
sunrise.cfdc@sasktel.net
About the Pro //Ron Robichaud
With career experiences that span over forty years, Ron Robichaud has worked in diverse industries: manufacturing operations, finance, small business management, community development, the service sector and was an elected official in municipal government for a few terms.
Ron began his career as a textile engineer where he gained expertise in work-flow processes in manufacturing. He and his wife later purchased and operated a retail business for 5 years, more than quadrupling its sales in the first year.
Ron has been an adjunct Professor both at Acadia University and Université Sainte-Anne where he taught classes in Small Business Management and Economics. His work in outreach community development departments in both universities led to world-wide recognition in community economic development. Ron also worked with a Community Business Development Corporation (CBDC) providing business coaching and small business loans.
You can reach Ron directly at RONROBICHAUD2@GMAIL.COM or DEMYSTIFYYOURPROFITS.COM
