PERCEPTION ADVISORY SERVICES
Approach
•Preliminary analysis of the current status of the restaurant’s procedures and financials
•Established the actual costs of each item on the menu and implemented a menu pricing system allowing management the ability to account for overhead and build profit into each menu item over the direct food costs
•Added structure to the restaurant by establishing a human resources system, and management reporting system of controls
•Realized annualized savings for the restaurant in excess of 200% of project costs
•Successful turnaround of the restaurant around into a thriving and viable business
A privately owned American restaurant was operating inefficiently and was losing money despite its popularity.
We were brought in to turn the company around and not only make it profitable so that it could stay open, but to additionally add controls systems and organization for management.
Strategic Business Development
Turnaround Solution
Restaurant / Hospitality Industry
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