Don't Open a Restaurant Business Until You Watch This!

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UpFlip

UpFlip

Күн бұрын

Пікірлер: 360
@UpFlip
@UpFlip 8 ай бұрын
UpFlip Academy helps fast-track your journey from startup to success story, join us at: bit.ly/3SyVNV9
@sigungajoshua6149
@sigungajoshua6149 6 ай бұрын
3%
@angelas8451
@angelas8451 2 жыл бұрын
What a classy, calm, confident and humble man James is. Such an admirable character!
@UpFlip
@UpFlip 2 жыл бұрын
This is very nice of you Angela S. 😀These are some of the characteristics that contributed to his success. Thanks for stopping by. What's the most important thing you feel you learned from the video?
@Elite_Employee
@Elite_Employee 2 жыл бұрын
Nice to have the Asian monopoly man in your video
@Itsgsun604
@Itsgsun604 2 жыл бұрын
I want to be more like him.
@GODSSON365247
@GODSSON365247 2 жыл бұрын
Cool as a fan
@angelas8451
@angelas8451 2 жыл бұрын
@@GODSSON365247 or cucumber. But yeah, more fan. You're right.
@myhomehandyman4619
@myhomehandyman4619 Жыл бұрын
My first business was a restaurant and I have friends that still own them. It’s a tough industry to be in. Long hours, 7 days a week, and when your dish washer calls in sick you have to be ready to fill in. Glad to see he has had such long term success, great person.
@UpFlip
@UpFlip Жыл бұрын
Thank you for sharing your experience, My Home Handyman! Our community appreciates all insights into the restaurant industry. How did you and your friends work it out? Do you have any tips you can share with us?
@jason-ub8qz
@jason-ub8qz Жыл бұрын
restaurant era is over. people use pre cooked food these days you can get the finest dishes at your door step
@nuevemil4410
@nuevemil4410 6 ай бұрын
Very true
@kevinbae9918
@kevinbae9918 2 жыл бұрын
Humble, classy, and an incredible mindset for operating a restaurant business. I'm certainly going to make my way to Huber's the next time I'm in Portland. God Bless James!
@jimmynguyener24
@jimmynguyener24 2 жыл бұрын
I started building my pho restaurant in Feb. 2020 and then covid19 was announced in March 2020. We opened on July 15th 2020 praying we would stay alive and till this day we're still standing. And like James said, margin is about 5% but since I'm running a small restaurant, breaking even is common. Not many people that open during covid made it, fortunately we did.
@whaleshark7154
@whaleshark7154 2 жыл бұрын
Hey Jimmy, have you thought of applying a ghost kitchen/ cloud kitchen business model to your restaurant alongside the traditional one?
@jason-ub8qz
@jason-ub8qz Жыл бұрын
just remember food business is the most stable industry if you know what are you doing. no business can make a steady income like food business maybe real estate but not anything elase
@polokucoch8112
@polokucoch8112 Жыл бұрын
When you say your margin is about 5% do you mean your Net income?
@zachlovescats95
@zachlovescats95 Жыл бұрын
How the hell can you live breaking even or 5% profit
@Zo-hc2fn
@Zo-hc2fn 7 ай бұрын
I am thinking about a new type of restaurants: eating-spots in eating-spots, food keeps changing, chefs also rotate this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants, along with that, there is an app, people vote for the food that will be cooked in the next days menu is influenced by the live input of the people via an app
@plannerjoy
@plannerjoy 2 жыл бұрын
I’m glad that they touched upon a point of difficulty of finding help now vs. in the past. It’s mind boggling that people won’t even show up to an interview today.
@daniellalama2606
@daniellalama2606 Жыл бұрын
5% profit, but we don't know what he pays himself. Great video. Owner is a class act.
@joeyricci5487
@joeyricci5487 2 жыл бұрын
I've been a chef in all types of restaurants and catering for 30 years and people just don't understand how difficult it is to pull in above 15-20%. 1 off week can kill your month. Recently I saw a 60k pull for the week dissappear because of a decline in previous weeks. Crazy this business. Not all the glam you see on TV.
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@lptvboy
@lptvboy 2 жыл бұрын
So I looked at their menu they’re offering 5 star service at Cheddars casual café prices. Most expensive thing is a Filet $45.95 average dish is $18 they’re under charging I know it’s Portland but it’s DT by the water you can’t give away food.
@Zo-hc2fn
@Zo-hc2fn 7 ай бұрын
I am thinking about a new type of restaurants: eating-spots in eating-spots, food keeps changing, chefs also rotate this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants, along with that, there is an app, people vote for the food that will be cooked in the next days menu is influenced by the live input of the people via an app.
@AtlantaHomesforSale
@AtlantaHomesforSale 2 жыл бұрын
Awesome content for any new business owner or someone thinking of starting a business of any type. Thanks for sharing.
@UpFlip
@UpFlip 2 жыл бұрын
Thank you for the feedback!!
@m.rizadjoeli357
@m.rizadjoeli357 2 жыл бұрын
The owner of the restaurant is so humble.He always appreciates every little thing that his employees do, and never forget to praise his employees by calling their name one by one....great..👍👍👍
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@m.rizadjoeli357
@m.rizadjoeli357 2 жыл бұрын
@@IVANA99643 with my pleasure 🙏
@kingofcorridosfilm2154
@kingofcorridosfilm2154 2 жыл бұрын
Loved this guy! Great story and great vibe.. I'd work for him any day.
@UpFlip
@UpFlip 2 жыл бұрын
He's great King of Corridos Film and you are too. 😀We really appreciate your kind words. What type of business are you in currently?
@pazeerfacebook6568
@pazeerfacebook6568 2 жыл бұрын
What a vibe. This man has won my ❤️.
@yogayoggie2209
@yogayoggie2209 2 жыл бұрын
What a guy James is! Who will not love a boss like him!
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@pachena
@pachena 2 жыл бұрын
Love this interview. They definitely need to upgrade their accounting system.
@PedroCostaeSilva
@PedroCostaeSilva 2 жыл бұрын
I think that accounting systems are overrated. If his business has worked for a freaking century without one, and people still love to dine there, they are doing it good.
@yamajii6428
@yamajii6428 2 жыл бұрын
nononono that cashier machine is great with the old vibes it should stay for another 100years 😁
@backstabber3537
@backstabber3537 2 жыл бұрын
@@PedroCostaeSilva ur tone lacks ambitious but its okay
@aldiyar8535
@aldiyar8535 Жыл бұрын
What acc.system would you use?
@gr3759
@gr3759 2 жыл бұрын
Person of this nature is only the outcome of vast life lessons learnt. Elegance in all ways. Thank you for doing this interview. Please, if you see him again, convey that I have learnt to be even more humble and polite. ICONic stature.
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@Kelvinle469
@Kelvinle469 Жыл бұрын
video is a gold mine of knowledge. Love how everything is divided up.
@UpFlip
@UpFlip Жыл бұрын
Glad you learned from this video! Hope you also watch our other content and find value in them. Any business you want to see next? ☺️
@michellecelesteNW
@michellecelesteNW 6 ай бұрын
I remember my grandparents raving about going to Hubers for special occasions. Glad to see it's still in tact.
@angelas8451
@angelas8451 2 жыл бұрын
Another Upflip video..... Yaaaaaas!!!! Thank you guys 😍 Listening to this while I work.
@dreamwork69
@dreamwork69 7 ай бұрын
u should focus on ur job while working.
@scottabdavidson88
@scottabdavidson88 2 жыл бұрын
Nice to watch this interview to get some insight into this amazing man’s life.
@myfortezza
@myfortezza 2 жыл бұрын
Awesome. The passion and hard work is truly original. Most restaurants are too idealistic and gimmicky. Dining is a pleasure and what makes the most is satisfaction. If I’m a customer my priority is to appreciate what goto to making this dish and how much effort goes into it. It’s like coming home.😊
@alexlee1501
@alexlee1501 Жыл бұрын
Open restaurant is easy …if you hire a chief always complain about salary 😂you headache this kind of business I don’t like …what I like is auto run business example lounge bar or club much more easier to manage
@stackals2426
@stackals2426 2 жыл бұрын
I love that he gives credit to God. It resonates w/ me. Inspiring story. Thank you both!
@UpFlip
@UpFlip 2 жыл бұрын
Our pleasure! So glad it resonated with you. Thank you for watching!
@MaNe0815
@MaNe0815 2 жыл бұрын
What a nice guy. Would love to have a boss like him.
@UpFlip
@UpFlip 2 жыл бұрын
He really is nice and a great business owner Marius. Thanks so much for the wonderful comment. 😀Would you ever consider starting this type of business up on your own?
@NinoNlkkl
@NinoNlkkl 2 жыл бұрын
be a boss like him
@Wet_Dreams_Dont_Dry
@Wet_Dreams_Dont_Dry 2 жыл бұрын
@@NinoNlkkl hahahs for this we have this channel hahaha and this guy want to work for him😂😂😂
@kris4897
@kris4897 Жыл бұрын
5% is low but he's right, most restaurants are doing the same. My advice : - let a cost controller take a look at your expenses. - if you can, add a few services, like deliveries. - try take out. - add special days on your menu, even if you have to low a little your prices, try to beat with volume. - marketing is easy with social medias.
@UpFlip
@UpFlip Жыл бұрын
These are excellent tips! Are you running your own resto as well?
@junkmail1203
@junkmail1203 2 жыл бұрын
God bless this man, his business, and his health. You can see the gods miracle throughout, his humbleness is testament that you don’t need to treat employees or customers as a number. I wish him great success
@UpFlip
@UpFlip 2 жыл бұрын
This is so nice of you junknmail123. 😀He is really a great business owner and knows the value of both his employees and his customers. Thanks so much for taking the time to watch and comment. Please let us know what type of business you'd like to see featured on the channel next?
@mok7281
@mok7281 Жыл бұрын
Exactly an employee is a possibility not a resource.
@PsychoticGamer115
@PsychoticGamer115 2 жыл бұрын
I would love to see a welding business whether it’s a fab shop or a mobile welder! More construction videos in general!!! Great videos!!
@UpFlip
@UpFlip 2 жыл бұрын
Its on our to do list ;)
@keenanwalsh1049
@keenanwalsh1049 Жыл бұрын
What enjoyable episode, so much history and class. James thank you for sharing your story and giving God the glory!
@UpFlip
@UpFlip Жыл бұрын
Glad to know you loved it, Keenan Walsh! Do you have other historic restaurants in mind we can feature? Let us know! :)
@tusharaipatwar
@tusharaipatwar 3 ай бұрын
Thank you for sharing such amzing vieo lot of knowledge
@aboveaveragejoe6795
@aboveaveragejoe6795 2 жыл бұрын
Put God first in your life and everything else will fall into place. Thankyou Lord Jesus I’ll never run away from you again.
@dodgeman2447
@dodgeman2447 2 жыл бұрын
Never !
@camharris1664
@camharris1664 Жыл бұрын
Fgt
@ahsanhabib8947
@ahsanhabib8947 Жыл бұрын
Only allah is great💪
@REZENE_dakidwituglynikes
@REZENE_dakidwituglynikes Жыл бұрын
AMEN
@allantimbol8850
@allantimbol8850 Жыл бұрын
Eqt
@bobbico03
@bobbico03 2 жыл бұрын
Love that this guy wasn’t scared to share his faith. Thank you Jesus. Also, Xero Accounting is really good.
@UpFlip
@UpFlip 2 жыл бұрын
This was an amazing interview and we are so happy that this business owner didn't hold anything back. 😀😀He was really great to work with. Thank you for supporting the channel. Please give us more detail on Xero account and your personal experiences with it?
@yamajii6428
@yamajii6428 2 жыл бұрын
if i got an employer like him... i will never leave ❤️
@improlife7659
@improlife7659 Жыл бұрын
He seems so calm and peaceful, seems like that has been transferred over to the business culture and thats why their employees have styaed for so long. Its so important for your health to have a caring working environment.
@UpFlip
@UpFlip Жыл бұрын
Spot on @Improlife! Thanks for your sharing your thoughts.
@shiretsu
@shiretsu Жыл бұрын
wow this guy is great PS nice camera work and editing - really beautiful and professional
@UpFlip
@UpFlip Жыл бұрын
Glad you love this video, Shiretsu! Your appreciation means a lot to us and motivates us to continue producing content like this. Do you have a business topic you want to see next on the channel?
@adam_7804
@adam_7804 2 жыл бұрын
Its like im watching my dad...talks and thinks exectly like James and it is in restaurant industry all his life. It is really hard right now for restaurant owners to succeed so thats exectly why i watched this video, to give me advice...hope you will make more videos on restaurant business, maybe some modern restaurants...and i need to say that it really triggers me watching all restaurants nowadays turning into fine dining restaurant just for the sake of trend
@UpFlip
@UpFlip 2 жыл бұрын
Yes we will most definitely do more videos in the restaurant industry Adam. 😀👍 Thank you so much for watching. That's cool that the business owner reminds you of your dad, he has such a welcoming presence. How long has your family been in the restaurant business?
@adam_7804
@adam_7804 2 жыл бұрын
For over 20 years, he pushed me and my brothers to work early on...we started working in a bar when we were 12...and I hope one day that we take over a restaurant😀
@iaskedmygran5495
@iaskedmygran5495 2 жыл бұрын
I love these stories! Thanks for showcasing this one
@michaelougarezos8963
@michaelougarezos8963 2 жыл бұрын
Good on to James and I wish him well and his family and I hope they keep on going with the successful business
@brewlinemensfellowship8819
@brewlinemensfellowship8819 2 жыл бұрын
PRAISE THE LORD.... very insightful and great wisdom and knowledge tips for business and faith
@adamhart6028
@adamhart6028 2 жыл бұрын
This is a great video and James seems to be a really sweet man who cares for the restaurant, his employees and his guests which is great! As someone who helps to manage a family restaurant that generates about the same revenue as Huber's I can say that a 5% margin, while not uncommon in the full-service restaurant business (5-10% net margins) it's a pretty abysmal number. I am particularly surprised that the margin is so low given the product mix (i.e. their alcohol to food ratio) - their mix is virtually the same as ours and the margins in mixed drinks are much higher so, again, I am surprised that the blended margin isn't much higher given percent of revenue that is alcohol. The reality is that margins have been compressed across the industry over the past couple of years as inputs have increased significantly from food to labor, etc. and therefore prices have had to increase to the customer but it has been hard to pass all of the increased cost on to customers. Anyway, there seems to be inefficiencies somewhere because a full-service restaurant, producing that level of revenue with a big bar program should probably be able to achieve at least a 10-15% margin even in today's environment.
@PedroCostaeSilva
@PedroCostaeSilva 2 жыл бұрын
Yes, they gave the key at the beginning, "treat staff like family", surely that is why the business is not more profitable, because it is so long therm that they prefer having their staff for 40+ years. I think that is probably the only way to go for them, specially being in Portland. Because they would never be able to offer any quality at all having to train new staff all the time.
@adamhart6028
@adamhart6028 2 жыл бұрын
@@PedroCostaeSilva That is a reasonably valid point and I assume that the cost of doing business in Portland, in general, is quite high but at our restaurant, we pay well above the going rate and we have staff that have been with us for years - we definitely want to create a team/family environment and take great care of our staff - the point is, you can still have a net margin that is higher than 5% (double or triple that) and pay and treat your staff better than the average restaurant or business.
@OLEYMUSA
@OLEYMUSA 2 жыл бұрын
maybe the owner gives more benefit to his employee so it rdeces the margin
@Steven-we9kr
@Steven-we9kr 2 жыл бұрын
NO ONE CAN BEAT TIME..... Longer you stay open the more people will know you... hence more business
@olwethu2424
@olwethu2424 Ай бұрын
Such a humble man 🥺
@souls9628
@souls9628 2 жыл бұрын
It takes a lot of family values and structure for a family business as this to stay in business for this much years; 100yrs plus wow ..how did a family like this transfer their values from one generation to another hmmm ??? One must appreciate the type of women that came into this family that kept the husbands of each generation to stay dedicated and committed to sustaining the family legacy 🙏 just one wrong woman in family can cause havoc
@Irland_mindset
@Irland_mindset Жыл бұрын
Right it's mostly men who are heirs Maybe at some moment women was leading the family business as well.
@holybasil7495
@holybasil7495 2 жыл бұрын
I was 5 yrs old when they first opened I love the foods there
@adrianamartins7156
@adrianamartins7156 6 ай бұрын
Loved this video....❤❤❤ thank you for sharing ❤❤
@henrychan1
@henrychan1 2 жыл бұрын
Props to this guy continuing to lead this great restaurant despite the chaos happening in Portland.
@SimplyTastyCo
@SimplyTastyCo 2 жыл бұрын
Love the videography on this one
@UpFlip
@UpFlip 2 жыл бұрын
We really appreciate that and we also appreciate you always leaving such wonderful comments. 😀 What details did you like about the videography the most so we can make sure to include them in future videos?
@IconTitan
@IconTitan 2 жыл бұрын
I'd love to have Mr James as my boss,,,, full of class, and care for his employees
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@peterungson809
@peterungson809 2 жыл бұрын
By the grace of God! Now that's a powerful statement. For so many fools believe that they alone have made things happen. However, the truly wise man believes & says that It was thru God's Grace that all things are possible. God Bless you Sir!
@hafizabdullah7724
@hafizabdullah7724 2 жыл бұрын
Really cozy n elegence place. Relax intervw n easy to understand. Mr James work everyday.
@gr3759
@gr3759 2 жыл бұрын
God bless this hotelier and his generations to come. May his generations only elevate his qualities.
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@henrydamian8264
@henrydamian8264 2 жыл бұрын
He’s so humble
@UpFlip
@UpFlip 2 жыл бұрын
He is very Humble Henry. 😀Thank you for watching. Have you checked out some of our other videos in the restaurant industry?
@samuellay9928
@samuellay9928 2 жыл бұрын
A man of God. A heart for God, and a heart for people. God never fails to honour His children when they put Him first. I'm incredibly blessed by this video. Thank you Upflip, thank you James and David. I hope to travel half the globe to Portland some day to savour the food and coffee.
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@forward_ever_ever2595
@forward_ever_ever2595 6 ай бұрын
You are very very right. There are rough days, but the Lord will make them prosper & just as he has for the past 100 years....prosper in ways they never thought possible. I too am going into business and i KNOW that God will see me through it.
@andreasjan5650
@andreasjan5650 5 ай бұрын
Waw! what an amazing story, you are truly blessed by god. Thank you for sharing with us your and your parents and of course the main owners success in the restaurant business with us.
@UpFlip
@UpFlip 5 ай бұрын
Stay tuned for more inspiring content! 🙌
@dekass7965
@dekass7965 2 жыл бұрын
Inspired and subscribed!
@UpFlip
@UpFlip 2 жыл бұрын
Welcome yo the Upflip family Dekass. We're so happy the video inspired you. Thanks for subscribing to the channel.😀😀💖⭐ We can't wait to get your feedback on some of our other videos?!
@downey416Toronto
@downey416Toronto Жыл бұрын
5% profit margin is insane.... idk if I would do all that work for that small a profit
@Aaron_R
@Aaron_R 2 ай бұрын
5% on 2.4 million in sales is 120,000 a year. His restaurant is worth about 300k-500k based off the income the restaurant generates. He should try to improve his margins by selling more high profit items and drinks.
@downey416Toronto
@downey416Toronto 2 ай бұрын
@Aaron_R facts
@tastychicken3966
@tastychicken3966 13 күн бұрын
I don’t think he’s telling the truth. He’s selling alcohol and several drinks. There’s no way he only brings in 5% profit
@getitdownpat
@getitdownpat 2 жыл бұрын
I'm curious what software can be used to remind customers and the business of each upcoming birthday. Any recommendations to track that?
@lewisacosta865
@lewisacosta865 2 жыл бұрын
Nimble is good for this, any CRM software with text messaging integrated should do the trick :)
@MrAbstractj
@MrAbstractj Жыл бұрын
Any marketing email automation can help you with that. All you need is month and date.
@favestacio
@favestacio 6 ай бұрын
This is a complete history of success. Thank you for this content. More success to UpFlip Channel. God bless you.
@UpFlip
@UpFlip 6 ай бұрын
We appreciate you tuning in! Thank you for the kind words! ☺️
@290revolver290
@290revolver290 Жыл бұрын
I really love the old skool way i must tell ya.
@UpFlip
@UpFlip Жыл бұрын
Oh, we love that , too! ❤
@aaronolsen3985
@aaronolsen3985 Жыл бұрын
Love this channel! My only suggestion for improvement is to not have the host do the direct to camera lines during the interview. It feels awkward to just have the interviewee standing there, like you're ignoring him. It also breaks the flow of the interview and feels forced/unnatural. I think those lines would be perfect at the end of the video after the interview is concluded. Keep up the amazing content!
@UpFlip
@UpFlip Жыл бұрын
Thank you for your feedback, We'll keep this in mind. We appreciate you tuning in! ☺️
@PaxTecum777
@PaxTecum777 2 жыл бұрын
NOW...THAT'S A LEADER!
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@FiestaMagicc
@FiestaMagicc Жыл бұрын
Love your vids so much.
@UpFlip
@UpFlip Жыл бұрын
thanks for the support!
@andyl9920
@andyl9920 6 ай бұрын
You did a great job, thanks for every effort. Here is pizza for everyone!
@teachermomo2624
@teachermomo2624 2 жыл бұрын
I want to try that Spanish coffee. It looks so cool to make it 🎉
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@downey416Toronto
@downey416Toronto Жыл бұрын
he seems like a realy nice man
@usalinksystem5312
@usalinksystem5312 2 жыл бұрын
Wonderful story, very interesting.
@Prekkersaurus
@Prekkersaurus 2 жыл бұрын
I am going to dine here if I go to Portland one day.
@UpFlip
@UpFlip 2 жыл бұрын
This is very nice of you Wilson. 😀💖Please let us know about your dining experience if you ever visit the restaurant.
@70svd
@70svd 2 жыл бұрын
What do you call this review? Huber’s cafe promotion? Love to visit this cafe when i visit the US. Which state is it in BTW? Love the turkey dish❤
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@markusthedrummer8143
@markusthedrummer8143 2 жыл бұрын
5% profit on a full service restaurant with a full bar?! That’s ridiculously low. I have been a restaurant supplier for over 20 years and yes profit margins have shrunk during the last 20 years but many of my customers are still pulling out 10 to 15% and if you have enough liquor sales you can still pull out 20% profit. And I’ll bet my left hand this gentleman owns the building so he has zero rent. Maybe he’s renting out a portion of the building for a substantial profit and paying down the mortgage on the building? Maybe he’s paying himself a salary of $250,000 a year and that is eating into his so-called 5% profit. 5% of 200k monthly sales is only $120k a year. I believe he is making way more than $120,000 a year.
@ziggyc4474
@ziggyc4474 2 жыл бұрын
Yeah he don't wanna say the real deal I'd rather rent this building and make more if he owns it .
@Furrylicorice
@Furrylicorice 2 жыл бұрын
If he owns the business he would not want pay himself $250k salary . If you own a business you pay yourself as little as possible as a W-2 wage ( at 32% tax rate) and take it at the end as business profit ( at 22% tax rate ) . 5% profit is low but does he own the building and rent it to his other company ?
@mon-vc4tu
@mon-vc4tu 2 жыл бұрын
If i own a building, assuming that it is a very feasible location. ill just be a lessor.
@CaptainPlanet007
@CaptainPlanet007 2 жыл бұрын
I totally agree. He seem like a greedy guy. His “so-called” employees appreciation note card only seem a bit cheap.
@surft
@surft 2 жыл бұрын
That's because you keep on the low side of what you actually make on any recorded media. You don't know if the IRS is snooping around. You are just asking to be audited.
@ThatDevOpsKid
@ThatDevOpsKid 5 ай бұрын
God, help me to make a success of the family business and I will give you the credit/ the glory. This was the most I got out of this interview.
@UpFlip
@UpFlip 5 ай бұрын
Wishing you all the success with your family business! 🙏
@paintedbird6791
@paintedbird6791 2 жыл бұрын
Looking at this guy, I am in the right business
@PedroCostaeSilva
@PedroCostaeSilva 2 жыл бұрын
What do you do?
@eyeshezzy
@eyeshezzy Жыл бұрын
what a humble guy
@UpFlip
@UpFlip Жыл бұрын
Couldn't agree more! 🙌
@georgeskinarakais9910
@georgeskinarakais9910 Жыл бұрын
It’s an amazing and inspiring story
@UpFlip
@UpFlip Жыл бұрын
We appreciate you tuning in! Thank you! ☺️
@MarceloNogeiraRodriguesNogueir
@MarceloNogeiraRodriguesNogueir Жыл бұрын
I was, and it gets pretty bad! Av lost 160,000 euros the first year! But I'm going to open another one, without personal!
@iamanovercomer3253
@iamanovercomer3253 Жыл бұрын
❤ James, he honors the Lord ‼️👍
@UpFlip
@UpFlip Жыл бұрын
He sure does 🙏
@unvcht5046
@unvcht5046 11 ай бұрын
This guy is a huge gambler at the casino
@ronstallworth9421
@ronstallworth9421 2 жыл бұрын
A classy joint. It reminds me Clyde’s and Ebbit’s in DC.
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@Zo-hc2fn
@Zo-hc2fn 7 ай бұрын
I am thinking about a new type of restaurants: eating-spots in eating-spots, food keeps changing, chefs also rotate this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants, along with that, there is an app, people vote for the food that will be cooked in the next days menu is influenced by the live input of the people via an app
@UpFlip
@UpFlip 7 ай бұрын
That's an awesome idea! It's time to put it in action! 💪
@ejohnst4
@ejohnst4 2 жыл бұрын
If you go to Portland you have to visit Huber‘s and have the turkey.
@UpFlip
@UpFlip 2 жыл бұрын
Got it Eric! 😀We'll keep this is mind next time we're in the Portland area. What other types of food does the restaurant serve?
@ejohnst4
@ejohnst4 2 жыл бұрын
@@UpFlip that is what this video is about! I’ve been there so I thought I would leave a positive comment.
@traderzzz123
@traderzzz123 2 жыл бұрын
i own a fast-casual restaurant and we do about 17% profit/month.
@mariamadiaby1660
@mariamadiaby1660 6 ай бұрын
Any tips on how?
@forward_ever_ever2595
@forward_ever_ever2595 6 ай бұрын
​@@mariamadiaby1660i'm guessing its the fast food...stuff on the run, fast turn over. A realtively good standard, consistency.
@x12624
@x12624 2 жыл бұрын
Upflip, do you have video on clothing business? I’m planning to start my clothing business in few months
@UpFlip
@UpFlip 2 жыл бұрын
We surely do Hameed. Thanks for the question. We have several videos in the clothing industry. Please check them out. 😀Congrats on getting started. We're happy for you. Will you buy cloths in bulk and resale or are you planning to make your own clothing?
@x12624
@x12624 2 жыл бұрын
@@UpFlip Thank you very much for responding. I’m not sure, I’m still brainstorming. I did check out those videos. With what is have in mind, it is going to be a new custom short. Where can I buy the cloth and find manufacturers? Is there a way to reach out to you to get few questions answered?
@jaypetz
@jaypetz 2 жыл бұрын
The soup looks so good.
@MrWaffleOfficial
@MrWaffleOfficial 2 жыл бұрын
can you do upflips on tradesmen?
@DrRichardMarques
@DrRichardMarques Жыл бұрын
Very cool! 😎
@UpFlip
@UpFlip Жыл бұрын
Thank you! Cheers! 🙂
@JohnDoe-fu4qd
@JohnDoe-fu4qd 2 жыл бұрын
wow, the definition of class
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@JohnDoe-fu4qd
@JohnDoe-fu4qd 2 жыл бұрын
@@IVANA99643 what is your business?
@lq4657
@lq4657 Жыл бұрын
Its not hard. Depend on Jesus FIRST and foremost. Set your prices at 3 times your cost. Keep staff size down by insisting on them working hard while they are there. Work there yourself. Its your baby. Dont walk away and go play, or you can look back from the golf course or beach and see the smoke plume as your place burns to the ground without you. Eleven years and counting. Thank you, Jesus! 7:30
@luigiconte924
@luigiconte924 Жыл бұрын
I profit 20%. Bs to 5% . Specially in a place like that . The guy owns the building probably, no way he profits 5%. Cuz it means he has to pull out 2 million a year to make 100k before taxes . Restaurant business is very tough , and now days a lot of people don't want to work in their own place or don't understand numbers etc that's the real problem. Actually, i want to have another restaurant and i can't find anyone who would like to get their hands dirty , put some money down and make cash . Nothing. They say isn't worth their time ...but then ... They are totally broke . I don't understand it .
@UpFlip
@UpFlip Жыл бұрын
Thanks for sharing your thoughts; however, he explained why his net is low. To know more about it, please keep on watching! ☺️
@supernerd7093
@supernerd7093 2 жыл бұрын
Sage is excellent software.
@rup4m139
@rup4m139 2 жыл бұрын
Hello, so I’m from India n the profit margin is around 55% over here excluding all the rent,staff n raw food
@IVANA99643
@IVANA99643 2 жыл бұрын
Do you want to do business? I can give you business tips 👍👍👍👍👍👍
@virtualworld607
@virtualworld607 2 жыл бұрын
Net profit?
@ethio-tech7028
@ethio-tech7028 2 жыл бұрын
5% of 200k is 10k a month and when you divide that up between the two brothers (owners) it's like 5k a month. When you add government and state tax, retirement account etc, probably left with nothing.
@MrAbstractj
@MrAbstractj Жыл бұрын
Both brothers could be on the payroll and the restaurant is contributing to both of their 401k.
@wendyshoowaiching4161
@wendyshoowaiching4161 2 жыл бұрын
The food looks very good
@IanCrouse
@IanCrouse Ай бұрын
Due to an allergy to alpha-gal, the hoofed mammal, I sold my Inn/Restaurant five years ago and 'retired' only to become bored and miss the excitement. Not to mention my therapist said I needed to find a hobby. The buildout of my venture is almost complete. Sure, restaurants have a small profit margin; however, depending on the business structure, an owner has ways of paying himself. For example, I own the building that the buildout is within, so the restaurant will pay me a mortgage instead of paying another landlord. As the Executive Chef, my Chef de Cuisine will handle daily cooking, etc. This way, I have two lines of income before profits. Wish me luck.
@TheAkumok
@TheAkumok 2 жыл бұрын
You will see the difference if the restraunteur use the term "Guests" and "Customer" .. James use "Guests" more instead of "Customer" in his restaurant, and look at the results .. 😊
@Steven_Shelton
@Steven_Shelton 2 жыл бұрын
What a fantastic spot.
@MrBluemanworld
@MrBluemanworld 2 жыл бұрын
That old man is cool; and that goofball wearing a baseball cap next to him is just a fill-in.
@sweetesthoney-pot2266
@sweetesthoney-pot2266 7 ай бұрын
Wow 40 employees, I have just 4 employees in my restaurant but i am stressed. They give me headaches and a very tough time. I dont know what i am doing wrong. I need help
@UpFlip
@UpFlip 7 ай бұрын
Time to re-evaluate your employees! Skills can be taught, but a good attitude is priceless!
@Tonystarkes888
@Tonystarkes888 2 жыл бұрын
iam confused how turkey can sell that well, i would have thought that type of look would be selling high end french fusion food
@derekdemarco28
@derekdemarco28 2 жыл бұрын
Can you do one of these on blogging!
@alanchen6625
@alanchen6625 2 жыл бұрын
Where is his restaurant located at?
@NicholasBreck
@NicholasBreck 2 жыл бұрын
very interesting
@UpFlip
@UpFlip 2 жыл бұрын
Glad you think so, Nicholas! What did you find the most interesting?
@sabihatanveer8494
@sabihatanveer8494 2 жыл бұрын
Cool place 😉
@MaiconBarbearia-h6p
@MaiconBarbearia-h6p Жыл бұрын
Crazy man
@alexchasyr95
@alexchasyr95 2 жыл бұрын
I was a poor Farmer in Egypt but now I'm Rich through the help of Richard scote
@alexchasyr95
@alexchasyr95 2 жыл бұрын
@alexchasyr95
@alexchasyr95 2 жыл бұрын
TradeWithRichard100
@gevionshriken2442
@gevionshriken2442 2 жыл бұрын
Richard gave me the autonomy I need to learn at my own pace and ask questions when I need to he's so accommodating
@berryallen1351
@berryallen1351 2 жыл бұрын
Congratulations that is a real success story in my opinion. Success because you didnt allow the amount to determine whether or not you would jump in. Good job. See you at the 100k meet and greet.
@berryallen1351
@berryallen1351 2 жыл бұрын
Hey - I've been hearing about Richard for a long time now. Started during the pandemic and I've heard of how accurate his signals is.. I really do appreciate hearing your advice and feel that it is genuine
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