Friends Coastal Restaurant was one of 20 restaurants featured in RestaurantOwners uncorked. We are proud to be a part of an excellent book written by Wil Brawley of Schedulefly. Our staff loves using Schedulefly and our managers appreciate it’s effectiveness on getting the schedule in front of everyone as soon as it’s posted. Less headaches means happier employees and owners of course
Here is a link to purchase the book on Amazon.com and read about our story and others around the country.
Here’s a snippet from our section:
A good CPA is as important as good food
— Richard Taubin; Friends Coastal Restaurant; Madisonville, La.
“I highly, highly recommend hiring a CPA, especially one who is close to the restaurant industry. They understand what percentages should be as an average. Without breaching confidentiality, they can talk to you about what other restaurants do to combat certain cost structures. Our CPA recommends the financial applications that we should use and helps us with reading P&Ls and how to make adjustments.
“When you can work with CPAs on a daily basis and have them help assure that budgets are aligned and cost controls are adhered to, it’s just as important to me as the food you put on the plate. Without controlling those costs, you don’t make money. If you’re in it just to make a paycheck, just do it on your own. Otherwise, I highly recommend you hire a CPA and make that a big part of your restaurant. Just as you would design a recipe for your food, you need to design a recipe for how you’re going to track and adjust for financial costs and profits.”
Read more: http://nrn.com/article/five-uncommon-strategies-restaurant-success%e2%80%a8#ixzz1fruXF9aA




