The Costly Mistake Restaurant Owners Make #MenuCosts #FinancialWisdom #RestaurantSuccess

13 Feb 2024 · 1 min

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Donald Burns advises restaurant owners that not knowing the cost of every menu item is a costly mistake. He argues that costing menu items opens the door to making more money and contrasts owners who treat their restaurant as a business (who should cost menus) with those who run it as a hobby or to survive (whom he sarcastically suggests should avoid costing). The tone is direct and slightly sardonic.

Chapters

You want to crash your thing fast, this is one of them. Knowing the cost of everything on your menu would only open the door to making more money. But hey, money's not everything, right? If you've opened a restaurant to survive and lose sleep at night about the dwindling bank account, then don't cost out your menu. If you're going to run your restaurant like a hobby and not a business out to make a profit, then you don't need to know what the cost is of everything on your menu. Save yourself a lot of time and just keep watching that Netflix show that you're addicted to.