Ep9. Check Your Invoices. Your Prices Went Up and Nobody Told You
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Ep9. Check Your Invoices. Your Prices Went Up and Nobody Told You
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What did you pay for chicken last week? Not roughly. Exactly. If you don't know, your supplier does, and the number has been creeping up while you weren't looking. In this episode: how quiet price creep eats a year of profit, and the 15-minute-a-week habit that stops it.
What you'll learn:
- Why nobody calls you when your case price goes up, and what that costs across 200 items and 52 weeks
- Why the price sheet is a starting offer, not a fixed price
- The 10-item price sheet that takes 15 minutes a week
- The twice-a-year second-supplier quote that keeps everyone honest without switching
Chapters:
0:00 What did you pay for chicken?
0:10 Straight talk: the quiet creep
1:30 The Fix: the 10-item sheet
2:20 Your assignment
Free 20-question restaurant checkup: [HEALTH CHECK LINK]
The Silver Spoon Health Check takes 10 minutes and tells you exactly where your restaurant is leaking money.
Silver Spoon Daily is two minutes of straight talk for restaurant owners, every day. I'm Al Kanbar, restaurant coach and consultant.
Questions or want to work together: al@silverspoonmia.com
#restaurantbusiness #restaurantowner #foodcost #restaurantmanagement #smallbusiness