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Tag Archives | profit

The Groupon Effect

I remember a few years back when people would post pictures of their newest purchases on Facebook and MySpace.  Their new car, watch, or house would be displayed for all to see and envy.  It was a subtle form of bragging intended to show their success and maybe even inspire jealousy in others.  They were […]

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Chef Nicolette: An Introduction

A few years ago I had the opportunity to work with a very talented and passionate pantry cook named Nicolette.  She left not long after I started to attend culinary school.  I advised against it.  She has since graduated from the Culinary Institute of America and become an accomplished pastry chef.  I asked her to […]

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Independent vs Corporate Restaurant Priorities

This morning I read an article regarding the rising costs of food and how restaurants will respond.  In the article former server Charles Ferruzza finds a pair of local restaurant owners who say they will refuse to raise prices to compensate for the increase in costs.  The owners discuss absorbing the costs themselves or reducing […]

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Cost vs Profit

In a previous post about why restaurants charge for different extras, I discussed the difference between the guest’s perception of profits and reality.  It is not uncommon to hear a guest say, “I can buy this for half as much at the grocery store.”  The problem is that food in a restaurant carries far more […]

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