Prashant Kothari

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Food Cost Surprises That Sink Restaurants (and How to Stay Afloat)

Food Cost Surprises That Sink Restaurants (and How to Stay Afloat)

Does it feel like your walk-in eats more profits than your customers do? Surprise food costs are one of the most frustrating—and avoidable—reasons restaurants struggle. The Profit-Sinking Problems How to Control Food Costs 1. Track Everything Daily counts, log waste, and compare actual to ideal cost weekly. 2. Lock in Prices Negotiate supplier contracts with […]
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Occupancy Rate Woes: Using Financial Data to Stay in the Green Year-Round

Occupancy Rate Woes: Using Financial Data to Stay in the Green Year-Round

If you’re playing occupancy “whack-a-mole”—full on weekends, empty on weekdays—you’re not alone. Smart hotel owners use accounting data to level out those swings and keep profits steady.   Why Financial Data Is Your Best Friend How to Use Your Numbers 1. Track KPIs Crunched Monthly Monitor ADR, RevPAR, costs per occupied room, and labor per […]
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Payroll Puzzles: Managing Shifts, Tips, and Overtime Without Errors

In hospitality, payroll isn’t just about paying people on time—it’s about tracking tips, split shifts, and so much overtime your time clock groans. One misstep, and you’re facing unhappy staff or government penalties.   The Complexity of Hotel Payroll Hotels juggle multiple departments: housekeeping, front desk, maintenance, F&B. Each has unique pay rates, shift patterns, […]
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