• Weekly Challenge #1 - Analyzing Monthly Trends to Boost Profits: Strategies for Bar Owners

  • Oct 14 2024
  • Length: 14 mins
  • Podcast

Weekly Challenge #1 - Analyzing Monthly Trends to Boost Profits: Strategies for Bar Owners

  • Summary

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    Unlock the secrets to transforming your bar into a powerhouse of profitability and vibrant culture with our latest episode of the Bar Business Podcast! Join me, Chris Schneider, as we embark on a journey to help bar owners work on their businesses rather than just in them. This week, we're tackling a crucial exercise: conducting a comparative analysis of last month's profit and loss against both the previous month and the same month last year. This is more than just crunching numbers—it's about understanding the underlying trends that can help boost your bar's success.

    Connect with like-minded bar owners in our community, Bar Business Nation, where the conversation extends beyond the microphone. Here, you can share insights, ask burning questions, and engage in group coaching without spending a dime. Whether you're seeking budget-friendly solutions or fresh ideas to invigorate your operations, these weekly challenges are designed to deliver tangible improvements. Don't miss the chance to participate in a community-driven approach to elevate your business, one challenge at a time. Your bar's future starts with the actions you take today—let's make them count!

    Problem Solving and Root Cause Analysis Episode

    Learn More:
    The Bar Business Podcast Website
    Schedule a Strategy Session
    Chris' Book 'How to Make Top-Shelf Profits in the Bar Business'
    Bar Business Nation Facebook Group

    Thank you to our show sponsors, SpotOn and Starfish. SpotOn's modern, cloud-based POS system allows bars to increase team productivity and provides the reporting you need to make smart financial decisions. Starfish works with your bookkeeping software using AI to help you make data-driven decisions and maximize your profits while giving you benchmarking data to understand how you compare to the industry at large.
    **We are a SpotOn affiliate and earn commissions from the link above.

    A podcast for bar, pub, tavern, nightclub, and restaurant owners, managers, and hospitality professionals, covering essential topics like bar inventory, marketing strategies, restaurant financials, and hospitality profits to help increase bar profits and overall success in the hospitality industry.

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