💎 [FREE COURSE] Learn how to start an online food business - swiy.co/start-FPF-program 🚀 [FREE COURSE] Learn how to start a restaurant/brick&mortar business - swiy.co/Start-PRO-Academy
@judichristopher4604 Жыл бұрын
EXCELLENT VIDEO... I totally agree 100% I track everything down to the penny. Because Pennies add up to Dollars... Thank you so much for sharing this great video.
@aadmi.z Жыл бұрын
Great! You are sharing things that could help many people. Please remove background music and remove echo from your voice. It would be easy to listen and understand. Thanks
@reviewswithruby50804 жыл бұрын
Step 2 I agree. It is summer time or winter. We need to think what kind of goods we need to keep or increase based on customer demands. And we can control the food cost and get high profit
@WilsonKLee4 жыл бұрын
right on! :)
@MrFish-cn9pt4 жыл бұрын
Old but GOLD!
@WilsonKLee4 жыл бұрын
Thank you mr fish!
@reviewswithruby50804 жыл бұрын
Your sharing is useful for me. The special thing is the step 3 to change the menu based on the season and which type of products bring the high profit in our store. I really like this step
@WilsonKLee4 жыл бұрын
awesome! glad this is valuable for you. you should check out the fb group :)
@gracecalleja9768 Жыл бұрын
Thank you SO MUCH! Not only for this video but for ALL the videos and generous info you are sharing
@happydonkeyofjesus6431 Жыл бұрын
1.Track Cogs 2. Forecast Sales to season, holidays trends; avoid wastage 3. Audit your menu for numbers every 6mths High margin n easy to produce High costs n harder to mk Play vol game 4. Audit your operations; both FOH n BOH inefficiency in e system processes 5. Theft prevention; giving away free fds, staff stealing - chk camera
@huus5682 Жыл бұрын
im one of the lucky guys that watch your videos thanks Wilson
@CertainSum1 Жыл бұрын
The background music and sounds are terrible and make me not want to listen to more vids. But your info is great! Thanks for posting!
@iamhaito Жыл бұрын
Loving your videos and the things you share but maybe lower the sound that comes up whenever text pops up in the video because it's giving me a headache and makes it hard to focus
@re1ss3 жыл бұрын
Wilson I'm a little confused when it comes to COGS. I have filled out a spreadsheet for our entire menu, however I am unsure whether I need to include the labour for the ELEMENTS of the dish (e.g. cost of making a sausage to go into a hotdog), labour for the PREPARATION of the dish on site, both or neither? Just something that I can't seem to find a clear answer for and the labour costs are pushing my dish costs up quite considerably. Thanks man, any help would be really appreciated!
@magnificentlashart4027 Жыл бұрын
I love ur content and knowledge just one the tab sounds a bit unpleasant to listen specially with EarPod. Just my thought! Thank you for your contribution
@ShoppingwithRina3 жыл бұрын
I’m watching all ur videos coz I’m planning to open restaurant
@antoniodossantos59602 жыл бұрын
Forecast ups and downs...
@Powpowchef10 ай бұрын
Does anyone have a excel food cost spreadsheet ?
@mjernette75639 ай бұрын
What is the best app or software to use to track profit and loss?
@ShoppingwithRina3 жыл бұрын
Thank u for sharing
@antoniodossantos59602 жыл бұрын
Hello Wilson...Thanks🌎
@antoniodossantos59602 жыл бұрын
New supplier...👍👍
@Debug88882 жыл бұрын
Can you make a video on how to track inventory? e.g. processes and tools you use =)
@arttsai76654 жыл бұрын
Would it be better if you make or bake your own cone to potentially lower COGS? or charge higher by selling the "fresh cone" as part of product branding? Any inputs?
@WilsonKLee4 жыл бұрын
baking own cones are only validated IF you expect to have lots of volume. otherwise, its not worth it imo. the labour and wastage in the batter if you dont have the volume is not worth it. prebaked cones allow you to control your wastage better. however, baking your own cones is ALWAYS better customer experience - who doesn't like the smell of freshly baked waffles?! 😄
@arttsai76654 жыл бұрын
Thank you!
@bigah2684 жыл бұрын
Track it
@WilsonKLee4 жыл бұрын
right on!
@andrewesquivel54424 жыл бұрын
how do i know when it is time to bring on a board of directors or managers?
@WilsonKLee4 жыл бұрын
strictly on your budget and vision. if you have the vision to build a business that doesn't require you to be onsite 24/7, then start with a manager. however, if you are tight on cash, but also have a vision on building a real business, then set milestones for yourself. first milestone - make enough profits to avoid a manager.
@frenchyalicea6493 жыл бұрын
@@WilsonKLee is there a negative associated with a manager as opposed to a board? I own a sub and bagel shop looking to expand and one video ive seen LACKING (maybe a good Idea for a next video for you to make) is how to manage or promote to management positions or if its even needed. I look forward to hearing back from you!
@avani25594 жыл бұрын
Menu auditing should be every six months or yearly? What would you suggest ?
@WilsonKLee4 жыл бұрын
Each quarter
@tigerkhan5341 Жыл бұрын
Every six month is better Neither in a year
@tigerkhan5341 Жыл бұрын
😊
@gebronthomasson69603 жыл бұрын
I seriously am missing good info acct the sound affects makes me fixate on them and not the words.sorry