Donald Burns (YouTube, Apr 24, 2024) warns restaurateurs against investing in marketing before ensuring their menu is profitable. He argues that bringing more guests to a restaurant is harmful if each dish loses money, and recommends calculating per-dish costs (ingredients + overhead), adjusting portions or ingredients, removing unprofitable items, and prioritizing margin over volume. Only after the menu is both appealing and economically sound should owners scale marketing. The video ends with a call-to-action to join a free two-hour masterclass at restaurantcoachmasterclass.com for hands-on guidance.
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April 24, 2024
A free two-hour training (masterclass).
restaurantcoachmasterclass.com
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Do you know what the most bonehead move is in the restaurant business? It's slamming the gas on marketing before you've even figured out if your menu makes any money. I mean, seriously, think about it. Why would you want more people crowding into your restaurant when every item served is digging a deeper financial hole? It's kind of like throwing a party while your house is on fire. I mean, spectacularly stupid. So let's get real. Marketing your restaurant without nailing down your menu's profitability is like inviting guests onto a sinking ship and you're shouting, come aboard. While water floods the deck. I mean, no, I get it. Hey, look at me. I'm busy. I'm popular. But here's the thing. You're also clueless because you're losing money on every plate that you serve. I mean, that's the message you're really sending. I mean, loud and clear. Whether you realize it or not, you wouldn't run a marathon with a broken leg, right? So why rush to fill more seats when your core offering the very dishes that you're selling are financially unviable? Throwing money at marketing without having a profitable menu, it's like trying to fill a giant bucket with water that has a thousand holes in it. It is frantic, it is futile, and it will not lead to being profitable. So here's a more sensible approach. Get intimate with your menu cost. Understand the cost of everything on your menu. Understand which each dish cost you down to the penny, not just in terms of ingredient, but also total overhead. Here's the thing. If the numbers don't work, the numbers don't work. Then you have to rework them. Adjust the portion, swap out costly ingredients, the ones that your ego is addicted to, or eliminate the underperformers entirely. And remember this. It's not about volume. It's about margins. Focus on dishes that offer a healthy profit margin, not just the ones that sell well. I mean, it doesn't matter if you're selling 100 plates a night if each one is a mini financial disaster. Now, once you've got your menu in place that's both irresistible to guests and economically sound for you, then, and only then, do you crank up the marketing. Now remember, you're not just filling seats. You want to be to that point where you're actually making money on what goes on in those seats. That's the sweet spot. A busy restaurant where popularity aligns with profitability. Pouring funds into marketing without securing your menu's profitability is like trying to quench a forest fire with a water pistol. So here's the thing. Cut the crap, stop the financial hemorrhage, and make sure you're building on solid ground. Now, if you're feeling a little overwhelmed, not sure how to make your menu profitable while keeping it enticing, that's where I come in. Head over right now to restaurantcoachmasterclass.com and sign up for my free two hour training. We're going to dive deep into strategies that are not only going to help you streamline your menu, but but maximize profitability. And then I'm going to show you when and how to effectively market your restaurant. I mean, stop the madness of running a charitable banquet. Let's get your foundation solid before we start inviting in the masses in with marketing. So are you ready to turn the page? You ready to turn things around? If you are, let's do this right. Join me at restaurantcoachmasterclass.com and let's make your restaurant.