Table Turnover - Are You Leveraging this KPI for Highest Restaurant Profit?
Does Table Turnover feature at all in your priorities?
Are you regularly struggling to meet revenue targets in your restaurant?
Know what happens when you ignore the single most powerful revenue boosting phenomenon for a restaurant operation?
And consequently profitability as well.
So, what is that phenomenon, you ask?
Great Question!
I am glad you asked.
I will lay out a strategy that will swiftly galvanize your operation volume, revenue and profit all in a fell swoop.
And all in a minute!
What, you say with your mouth open in disbelief?
Yes, indeed.
Welcome to the 1 Minute Profit Recipes Series.
The series will focus on one key hotel or restaurant business or financial concept in each 1 minute blog post.
And you can absorb it visually too with a infographic that you can download and keep as reference or video you can watch.
Sounds a great proposition right?
And now let me introduce you to the magic phenomenon.
The phenomenon of The Restaurant Table Turnover!
This Blog Post will cover:
The 1 Minute Profit Recipe Philosophy
You are a busy professional.
You run a busy hotel and / or a restaurant operation.
You do not have time in your hectic schedule to learn from long winded online courses.
You barely get a break in your day.
How about a minute however?
Surely you can spare a minute!
That is all I ask.
Welcome to the 1 Minute Profit Recipes Series.
It is a series tailor made for busy professionals like you.
The series will focus on one key hotel or restaurant business or financial concept in each 1 minute blog post.
Or 1 Minute Profit recipe to be more precise!
.
1 Minute Profit Recipes - Recipe 1 - Table Turnover Infographic
Learning Visually
You know what they say: a picture is worth a 1,000 words!
A video is worth probably much more.
And the unique thing about the 1 Minute Profit Recipes is that it is totally visual.
The profit recipe is anchored by an infographic.
A visual way of understanding the concept in the recipe.
Not just understanding!
Each recipe has a dedicated section where you can take 3 steps right after reading it.
You could say: apply the learning.
That is true learning, is it not?
And now on to this recipe which is about The Restaurant Table Turnover.
Table Turnover: The Capacity, Revenue and Profit Connection
To boost your Table Turnover, you must understand and leverage connection between:
- capacity,
- revenue and
- profit
Capacity is the foundation for your restaurant profitability.
Ensure that you relate covers, revenue and profit to it.
You can influence revenue by looking at the capacity-covers gap.
This will boost revenue and ultimately profit
If you manage the Capacity and Revenue recipes, the higher Table Turnover should lead to higher profit.
Watch Video
3 Steps You can Take Right Now
The 1 Minute Profit Recipe is all about rapid action.
It is about applying what you learned to your restaurant operation.
Here are 3 Steps you can take right now:
- Close the gap between seating capacity & covers served by increasing covers served, this will increase the table turnover.
- Know the contribution from covers and average check, they impact revenue
- Boost your Profit by reducing gap between capacity and covers through increasing average check.
Tell us what you thought of the 1 Minute Profit Recipe on Restaurant Table Turnover and any way we can improve it.
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