Hi and welcome to The Foodie guy dot com....

Thanks for joining us in our Managing with an entrepreneurial

mindset series....this podcast touches on Critical decision making.

our series focuses on Managing with ownership.....this podcast is an introduction to

operational Controls and getting a better understanding finances.

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Being a Restaurant operator is a difficult job,

you have to control many things all at once, Staffing, Inventory, Costs,

Procurement, Marketing and Finances…

It is of outmost importance that you understand the numbers to ensure

your restaurant operation is successful. Operating a profitable Food

Operation requires constant oversight and never ending readjusting of

processes and strategies as you react to ever changing business

needs….All being more of a journey rather than a destination.

There are very specific performance metrics food operators need to track

daily to help them assess their success and performance of the operation

along the journey.

Efficiency and profitability doesn't happen overnight. Among other things a

strong financial acumen needs developed in order to keep the operation afloat.

When looking at a Profit and Loss statement there are three Major areas that an operator has to keep His/Her eyes on.. always:

The “Top of the Page” – Income streams from various sources/Sales

The “Middle of the Page” – Usually variable costs like food and Labor

The “Bottom of the Page” – Other Non-Variable costs and expenses

On my following posts I will be elaborating and painting a better picture

On realistic goal setting and on factors and components you will need to help both calculate and control costs in your Food operation.

I hope this upcoming series on Cost controls and Finance is helpful as you navigate through these difficult economic times please stay tuned

For more Please Check for the next podcast on

our series Managing with an entrepreneurial mindset.

Remember that our website thefoodie-guy.com features our 5 most recent

podcasts…for access to Our entire library please follow the link on our

Podcast page or you can also listen to this TheFoodie-guy.com podcast on

Spotify, Amazon Music, True Fans, Fountain and Podcast index

thanks for listening

Visit our site Thefoodie-guy.com for our blog and much more content.

The most effective corporate training should meet the learner at their point of need. The best learning platform in one that is available on demand and delivered in a variety of mediums that cater to the employees availability and time constraints.

Following I will share the three most popular learning platforms being used in today’s corporate environments.

Traditional Instruction/classroom-based training is currently used by about 32% of all organizations to teach one-third of their overall training. Positive aspects of this platform is that it is easy to deliver and maintain but it lacks a standardized learning experience and requires a dedicated space and teaching staff.

With On-Line training software and tools, instructors can deliver lectures, show videos, conduct break-out sessions, lead discussions, and observe learner performance. All Virtual sessions can be recorded and accessed for review at a later date. This platform eliminated the need for classroom space, can be accessed from multiple locations and is less costly in the long term..some of the now available tools include “eLearning or microlearning modules, games, assessments, learning activities, videos, and discussion boards”.

The Third is a blended learning approach. This platform combines classroom-based training and online learning into one curriculum. Bringing these two methods together can create a learning experience that captures the best of each method creating engagement a richer learning experience, one on one collaboration and buy-in during the training sessions.

Ultimately it is a leadership’s call as to what learning platform best fits the organizational structure and needs of the organization. Effectiveness from the cost and learning perspectives must be looked at carefully, specially as to how they fit within the organizational growth strategy.

I hope this short Podcast was helpful

For more Please Check for the next podcast on

our series Managing with an entrepreneurial mindset.

Remember that our website thefoodie-guy.com features our 5 most recent

podcasts…for access to Our entire library please follow the link on our

Podcast page or you can also listen to this TheFoodie-guy.com podcast on

Spotify, Amazon Music, True Fans, Fountain and Podcast index

thanks for listening

Visit our site Thefoodie-guy.com for our blog and much more content.

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