Are you getting the return on investment from your restaurants that meets expectations?
LJR Hospitality Ventures helps our clients refine restaurant operations, create actionable financial reporting, and generate new sales growth strategies.
1
Refine Restaurant Operations
- Analyze all menus from an operations and guest standpoint providing solutions that will improve appeal and decrease costs, increasing revenue and profitability.
- Review guest and team members’ various journeys in using the restaurant and evaluate different approaches to simplifying and enhancing the experience.
- Evaluate the content and execution of management and staff training providing solutions to improve current programs.
2
Create Actionable Financial Reporting
- Review daily and weekly financial reports and refine where necessary to provide management information that is timely and actionable.
- Evaluate and refine formatting of period financial statements to simplify analysis of revenues and costs with comparisons to budget and previous year.
- Help create and /or refine the budgeting process actively involving restaurant managers and members of the corporate team to establish budgets that are realistic and achievable with good performance.
3
Sales Growth Strategies
- Analyze existing marketing programs, in-house and outside resources, and evaluate overall effectiveness and return on investment.
- Review Digital platforms, reputation management, loyalty programs and outgoing guest communication.
- Evaluate effectiveness of purpose driven programs, community programs, donations and discounting and present opportunities to enhance existing programs or implement new ones.
Trusted By
