Wednesday, January 16, 2008

New Bookkeeper, Menu Design

Monday Martha & I met with a bookkeeper. Folks I should have done this a long time ago! Its really tough for me to describe it because I could type here forever. I have a finance background, so I think I was a little bull-headed on letting someone else do what I felt I could. You finally get to a point and realize that you can't wear every hat............you have to wear a lot of em', but a few you let somebody else put on. We got all of our payroll squared away, set everyone up on direct deposit, set up our quarterly payroll taxes to monthly so it wont strap our cash flow 4 times a year.........I really could go on and on but I wont. If you ever do something like this, get a bookkeeper right out of the gates. Trust me.
I have been doing a lot of research on "menu engineering". In layman's terms it basically uses item placement, shapes and colors to tell your subconscious to buy what I want you to buy (usually those with lower food cost or those with a very high dollar return). When you have an itemized price list like we have set up now, the customer focuses on the price first, the menu item and/or what they want second. Next time you are at one of the major casual chains, Applebees, Chili's, etc....take a minute and just look at their menu. You have to almost look for the price, and most of the time its listed without a dollar sign right after the item description. Katie is re-designing the menu and I am adjusting my food costs. We should have a new menu in the next few weeks. Its not really about charging more, its about steering your mind towards certain things. Now their are some items that I am going to raise the prices on because commodity prices have soared (if you are not "in the business", read yesterdays article in the New York Times business section....very good!). Peace out.

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