060. The Most Expensive Mistakes Restaurant Owners Make with Dan Engel
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What financial mistakes could be quietly costing your restaurant thousands of dollars? Even when sales look strong, poor cost tracking, unchecked expenses, and financial habits that seem small in the moment can add up quickly and make it harder to see when your business is heading in the wrong direction.
In this episode, we're joined by returning guest Dan Engel, restaurant accountant and owner of Engel Accounting, to break down some of the most expensive mistakes he sees restaurant owners make. We discuss where owners commonly lose track of their money, which costs deserve closer attention, and why understanding your numbers gives you a chance to make changes before it's too late.
Whether you're running an established restaurant or evaluating the financial health of a business you want to buy, this conversation offers a practical look at the numbers behind restaurant profitability. Tune in to learn which financial habits can hurt your bottom line and where restaurant owners should be paying closer attention.
Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/60.
If you’re considering selling your business and would like a free consultation, reach out to patrickAndAndy@therestaurantsalesbroker.com or visit TheRestaurantSalesBroker.com to learn more.
Restaurant Deal Making EXPOSED! is the go-to podcast for restaurant buyers, sellers, and operators navigating the complex world of buying and selling a restaurant business. Hosted by restaurant brokers Patrick Totah and Andy Mirabell, each episode delivers expert insights into buying an existing restaurant, selling a restaurant business, restaurant transactions, and the operational strategies that impact restaurant value. Whether you're buying a bar or restaurant, preparing to sell, or looking to maximize your business’s worth, this podcast gives you the insider knowledge you need to make smarter restaurant deals.