Sustainable Profitability Strategies for Bar Owners: Emily LaRuffa on Empowering Teams & Boosting Financials
The Bar Business Podcast: Smart Hospitality & Marketing Secrets For Bar & Pub Owners07/24/24 • 68 min
What if you could revolutionize your bar's profitability while creating a supportive, empowered team? This week on the Bar Business Podcast, we welcome Emily LaRuffa, owner of Oracle Hospitality Consulting, who shares her deep-seated knowledge from years in New York City's high-octane hospitality scene.
Imagine slashing costs and optimizing your menu with sustainability in mind. We dive into the nuts and bolts of managing a tiki bar's cocktail offerings, highlighting the importance of ingredient cross-utilization, like using every part of a pineapple. Emily breaks down how daily P-MIX reports can realign your menu with guest preferences and real-time sales, ensuring that your pricing strategies hit the mark. This blend of strategic costing and smart pricing not only boosts efficiency but also enhances guest satisfaction, making this segment a goldmine for bar owners and managers aiming for financial prowess.
Leadership isn't just about giving orders—it's about empowering your team with knowledge and support. Emily and I explore the transformative impact of financial transparency and operational backing on management and employees alike. From the significance of training management in financial literacy to the necessity of advanced scheduling techniques to prevent burnout, we cover it all. This episode is a comprehensive guide to creating a motivated, high-performing team, where clear communication, thoughtful scheduling, and innovative technology ensure a healthy work-life balance. Join us and learn how to turn your bar into a thriving, efficient, and supportive workplace.
Get ahold of Emily:
Website
LinkedIn
Instagram
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.
07/24/24 • 68 min
The Bar Business Podcast: Smart Hospitality & Marketing Secrets For Bar & Pub Owners - Sustainable Profitability Strategies for Bar Owners: Emily LaRuffa on Empowering Teams & Boosting Financials
Transcript
You're listening to the Bar Business Podcast where every week , your host , chris Schneider , brings you information , strategies and news on the bar industry , giving you the competitive edge you need to start working on your bar rather than in your bar .
Chris SchneiderHello and welcome to this week's edition of the Bar Business Podcast , your u
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