RESTAURANT STRATEGY

The Restaurant Strategy podcast is dedicated helping independent restaurant owners increase the profitability of their restaurants. Hosted by industry expert, Chip Klose, the focus is split between operations and marketing... two episodes every single week. What would your life look like if your restaurant could deliver consistent, predictable 20% returns?

How to Get More 5-Star Reviews on Google and Yelp (ENCORE)

#482 - How to Get More 5-Star Reviews on Google and Yelp (ENCORE) *****  This week's episode is brought to you by: MARGIN EDGE Take control of your costs with using MarginEdge. Best of all? No contract. No setup fee. Free and unlimited training and support.  VISIT: marginedge.com/chip *****   Reputation Management was once a fringe area of digital marketing. Those days are long gone. Online reviews now make a meaningful impact on search results. Which means... if you want to be found on the internet, you have to pay this some mind.    ***** Are you ready for consistent, predictable 20% profit?  Click to learn more about the P3 Mastermind:  https://www.restaurantstrategypodcast.com/increase-profits  

09-18
26:03

Tech Integration That Actually Pays Off

#481 - Tech Integration That Actually Pays Off ***** If you've been listening for a while you know I am NOT anti-tech. But I do think we have to be more intentional with the tolls we choose to bring on. Today's episode is all about that!     ***** Are you ready to generate consistent, predictable 20% profit in your restaurant?  Let's talk about the power of the P3 Mastermind Community:  https://www.restaurantstrategypodcast.com/schedule    

09-15
18:29

Talking AI with Inc Tank GTM Co-Founders

#480 - Talking AI with Inc Tank GTM Co-Founders *****  This week's episode is brought to you by: MARGIN EDGE Take control of your costs with using MarginEdge. Best of all? No contract. No setup fee. Free and unlimited training and support.  VISIT: marginedge.com/chip *****   Inc Tank GTM was founded by Michael Beck and Chad Horn, who have learned a thing or two after a couple decades in the restaurant business. On today's episode they're talking about simple strategies for independent owners and operators to start leveraging AI to increase profitability of their businesses.  WEBSITE: https://inctankgtm.com/ LINKEDIN: https://www.linkedin.com/company/inc-tank-gtm/ CONNECT WITH BECK: https://www.linkedin.com/in/michaeltbeck/ CONNECT WITH CHAD: https://www.linkedin.com/in/chadhornboston/   ***** Are you ready for consistent, predictable 20% profit?  Click to learn more about the P3 Mastermind:  https://www.restaurantstrategypodcast.com/increase-profits  

09-11
37:55

Kitchen Efficiency and Waste Reduction Systems

#479 - Kitchen Efficiency and Waste Reduction Systems ***** Food waste represents as much as 5% points on your P&L. Do some quick math and you'll realize that for a $2MM restaurant, that's as much as an extra $100,000 that drops to the bottom line. It's a meaningful amount, and so that's why we're going to dig deep on today's episode.    ***** Are you ready to generate consistent, predictable 20% profit in your restaurant?  Let's talk about the power of the P3 Mastermind Community:  https://www.restaurantstrategypodcast.com/schedule    

09-08
21:41

Three Simple Frameworks to Level Up Your Marketing (ENCORE)

#478 - Three Simple Frameworks to Level Up Your Marketing (ENCORE) *****  This week's episode is brought to you by: MARQII  MARQII is your one-stop-shop for listings management and reputation management. Collect reviews in one place to make responding easy and effortless and win the SEO game to land at the top of more search results. Win back guests and put more butts in the seats with Marqii.  VISIT: https://marqii.com/ ***** This week's episode is brought to you by: RESTAURANT TECHNOLOGIES Simplify and automate your back of house operations with RESTAURANT TECHNOLOGIES and their cooking oil management program. These guys take the dirtiest job out of your kitchen!  VISIT: https://www.rti-inc.com/   ***** We need a definition for marketing.  A framework for understanding how to market our product.  Finally, a system for putting our marketing plan into action.    ***** Are you struggling to generate consistent, predicatble 20% profit in your restaurant?  Let's talk about the power of the P3 Mastermind:  https://www.restaurantstrategypodcast.com/schedule    

09-04
28:52

Labor Cost Optimization Without Sacrificing Service

#477 - Labor Cost Optimization Without Sacrificing Service ***** This week's episode is brought to you by: TIME FORGE TIME FORGE provides labor management for efficient teams. Recruit, retain, and manage your talent with a powerful piece of software.   VISIT: https://timeforge.com/RestaurantStrategy/ ***** This week's episode is brought to you by: POPMENU If you’re a restaurant owner you need a great website that not only looks beautiful, but helps drive more traffic and sales. Use POPMENU to take your business to the next level. Best of all, listeners of this show can lock in one, set monthly rate… and get $100 off their first month.  VISIT: https://popmenu.com/restaurantstrategy ***** This week's episode is brought to you by: DAVO Automate your sales taxes using DAVO BY AVALARA. The software integrates with most POS systems. It sets aside your sales taxes, files on time, and submits payments before the deadline. VISIT: https://davosalestax.com/RestaurantStrategy *****   Yes, you need a budget. But you also need a plan... a plan on how to deploy your most valuable resource. We're talking about your people, of course. And you need them as much as they need you.    ***** Are you struggling to generate consistent, predicatble 20% profit in your restaurant?  Let's talk about the power of the P3 Mastermind:  https://www.restaurantstrategypodcast.com/schedule      

09-01
22:08

Direct-to-Consumer Revenue Streams

#476 - Direct-to-Consumer Revenue Streams *****  This week's episode is brought to you by: MARQII  MARQII is your one-stop-shop for listings management and reputation management. Collect reviews in one place to make responding easy and effortless and win the SEO game to land at the top of more search results. Win back guests and put more butts in the seats with Marqii.  VISIT: https://marqii.com/ ***** This week's episode is brought to you by: RESTAURANT TECHNOLOGIES Simplify and automate your back of house operations with RESTAURANT TECHNOLOGIES and their cooking oil management program. These guys take the dirtiest job out of your kitchen!  VISIT: https://www.rti-inc.com/   ***** In no particular order, here are some additional ways to generate revenue: Takeout and Delivery Off-Site Catering At-Home Meal Kits Cooking Classes Merchandise Pantry and other retail items Subscription Boxes Private Chef Services And more...  Don't just rely on in-person dining to pay your bills.    ***** Are you struggling to generate consistent, predicatble 20% profit in your restaurant?  Let's talk about the power of the P3 Mastermind:  https://www.restaurantstrategypodcast.com/schedule    

08-28
23:09

Menu Engineering for Maximum Profit Margins

#475 - Menu Engineering for Maximum Profit Margins ***** This week's episode is brought to you by: TIME FORGE TIME FORGE provides labor management for efficient teams. Recruit, retain, and manage your talent with a powerful piece of software.   VISIT: https://timeforge.com/RestaurantStrategy/ ***** This week's episode is brought to you by: POPMENU If you’re a restaurant owner you need a great website that not only looks beautiful, but helps drive more traffic and sales. Use POPMENU to take your business to the next level. Best of all, listeners of this show can lock in one, set monthly rate… and get $100 off their first month.  VISIT: https://popmenu.com/restaurantstrategy ***** This week's episode is brought to you by: DAVO Automate your sales taxes using DAVO BY AVALARA. The software integrates with most POS systems. It sets aside your sales taxes, files on time, and submits payments before the deadline. VISIT: https://davosalestax.com/RestaurantStrategy *****   Menu Engineering has been around since the 70's, and that's because it works. Using human psychology to sell more, but also to create a better guest experience. On today's episode we're sharing a bunch of actionable tips for how to get started.    ***** Are you struggling to generate consistent, predicatble 20% profit in your restaurant?  Let's talk about the power of the P3 Mastermind:  https://www.restaurantstrategypodcast.com/schedule      

08-25
21:45

Hyperlocal Marketing in a Digital World

#474 - Hyperlocal Marketing in a Digital World *****  This week's episode is brought to you by: MARGIN EDGE Take control of your costs with using MarginEdge. Best of all? No contract. No setup fee. Free and unlimited training and support.  VISIT: marginedge.com/chip *****   If you did the research, I think you'd find that 80% of your annual revenue comes from people who live within 3 miles of your restaurant. Multiple studies have confirmed that this is true for most small businesses... especially foodservice.  So let's not pretend we need to do anything too crazy to capture business.    ***** Are you ready for consistent, predictable 20% profit?  Click to learn more about the P3 Mastermind:  https://www.restaurantstrategypodcast.com/increase-profits  

08-21
30:06

Top 100 Restaurant Podcaster, Jeremy Julian

#473 - Top 100 Restaurant Podcaster, Jeremy Julian *****  This week's episode is brought to you by: KICKFIN Thousands of restaurants across the country use Kickfin to send instant, cashless tip payouts, directly to their employees’ bank accounts, the second their shift ends. Get in touch today for a personalized demo and see how restaurants and bars across the country are tipping out with Kickfin.  VISIT: https://kickfin.com/demo/ ***** Jeremy Julian is the longtime host of The Restaurant Technology Guys Podcast, recently named one of the Top 100 Restaurant Podcasts. (And yes, we too made the list!)  PODCAST: https://podcasts.apple.com/us/podcast/the-restaurant-technology-guys-podcast-brought-to-you/id1601635183 WEBSITE: https://restauranttechnologyguys.com/ LINKEDIN: https://www.linkedin.com/company/the-restaurant-technology-guys/   ***** Are you struggling to generate consistent, predicatble 20% profit in your restaurant?  Let's talk about the power of the P3 Mastermind:  https://www.restaurantstrategypodcast.com/schedule    

08-18
42:18

The Death of Traditional Social Media Marketing

#472 - The Death of Traditional Social Media Marketing *****  This week's episode is brought to you by: MARGIN EDGE Take control of your costs with using MarginEdge. Best of all? No contract. No setup fee. Free and unlimited training and support.  VISIT: marginedge.com/chip ***** The old ways don't work anymore. You have to stop treating social media as a megaphone and instead focus in on local marketing. Think of your Instagram feed as a community center. What would that do to your activity? All of that on today's episode.    ***** Are you ready for consistent, predictable 20% profit?  Click to learn more about the P3 Mastermind:  https://www.restaurantstrategypodcast.com/increase-profits  

08-14
25:56

Restaurant Profitability - The Five Killers and How to Beat Them

#471 - Restaurant Profitability - The Five Killers and How to Beat Them *****  This week's episode is brought to you by: KICKFIN Thousands of restaurants across the country use Kickfin to send instant, cashless tip payouts, directly to their employees’ bank accounts, the second their shift ends. Get in touch today for a personalized demo and see how restaurants and bars across the country are tipping out with Kickfin.  VISIT: https://kickfin.com/demo/ ***** PROFIT KILLER #1: RAZOR-THIN MARGINS PROFIT KILLER #2: HIGH LABOR COSTS AND TURNOVER PROFIT KILLER #3: FOOD COST VOLATILITY AND WASTE PROFIT KILLER #4: FIXED OVERHEAD EXPENSES PROFIT KILLER #5: INTENSE COMPETITION AND PRICING PRESSURE   ***** Are you struggling to generate consistent, predicatble 20% profit in your restaurant?  Let's talk about the power of the P3 Mastermind:  https://www.restaurantstrategypodcast.com/schedule    

08-11
15:58

The Top 5 Marketing Trends Transforming Restaurants in 2025

#470 - The Top 5 Marketing Trends Transforming Restaurants in 2025 *****  This week's episode is brought to you by: MARQII  MARQII is your one-stop-shop for listings management and reputation management. Collect reviews in one place to make responding easy and effortless and win the SEO game to land at the top of more search results. Win back guests and put more butts in the seats with Marqii.  VISIT: https://marqii.com/ ***** This week's episode is brought to you by: RESTAURANT TECHNOLOGIES Simplify and automate your back of house operations with RESTAURANT TECHNOLOGIES and their cooking oil management program. These guys take the dirtiest job out of your kitchen!  VISIT: https://www.rti-inc.com/   ***** In no particular order, they are:  1) AI-POWERED MARKETING AUTOMATION 2) CUSTOMER DATA PLATFORM INTEGRATION 3) SMS MARKETING DOMINANCE 4) SOCIAL MEDIA AS PRIMARY DISCOVERY CHANNEL 5) COMPREHENSIVE ONLINE REPUTATION MANAGEMENT These are now non-negotiables... the best restaurants in the world are owning these areas to spark growth and lock in consistent profits. You must do it too!    ***** Join us for the The P3 Profitability Summit... less that 20 tickets left!!! October 19-21, 2025  //  Fort Worth, TX LEARN MORE: https://www.chipklose.com/summit    

08-07
29:09

CRAZY IDEA - What Happens If We Rethink Everything?

#469 - CRAZY IDEA - What Happens If We Rethink Everything? ***** This week's episode is brought to you by: TIME FORGE TIME FORGE provides labor management for efficient teams. Recruit, retain, and manage your talent with a powerful piece of software.   VISIT: https://timeforge.com/RestaurantStrategy/ ***** This week's episode is brought to you by: POPMENU If you’re a restaurant owner you need a great website that not only looks beautiful, but helps drive more traffic and sales. Use POPMENU to take your business to the next level. Best of all, listeners of this show can lock in one, set monthly rate… and get $100 off their first month.  VISIT: https://popmenu.com/restaurantstrategy ***** This week's episode is brought to you by: DAVO Automate your sales taxes using DAVO BY AVALARA. The software integrates with most POS systems. It sets aside your sales taxes, files on time, and submits payments before the deadline. VISIT: https://davosalestax.com/RestaurantStrategy *****   Episode 10 of 10: I'm questioning some of the most funamental assumptions we have about our industry. Like today... "What happens if we're bold enough to rethink everything?"   ***** Join us for the The P3 Profitability Summit  October 19-21, 2025  //  Fort Worth, TX LEARN MORE: https://www.chipklose.com/summit

08-04
20:04

CRAZY IDEA - Could We Do Pop-Ups Every Night?

#468 - CRAZY IDEA - Could We Do Pop-Ups Every Night? *****  This week's episode is brought to you by: MARQII  MARQII is your one-stop-shop for listings management and reputation management. Collect reviews in one place to make responding easy and effortless and win the SEO game to land at the top of more search results. Win back guests and put more butts in the seats with Marqii.  VISIT: https://marqii.com/ ***** This week's episode is brought to you by: RESTAURANT TECHNOLOGIES Simplify and automate your back of house operations with RESTAURANT TECHNOLOGIES and their cooking oil management program. These guys take the dirtiest job out of your kitchen!  VISIT: https://www.rti-inc.com/   *****   Episode 9 of 10: I'm questioning some of the most funamental assumptions we have about our industry. Like today... "Could we do pop-ups every night of the week?"   ***** Join us for the The P3 Profitability Summit  October 19-21, 2025  //  Fort Worth, TX LEARN MORE: https://www.chipklose.com/summit    

07-31
13:49

CRAZY IDEA - Why Don't We Productize Our Culinary Teams?

#467 - CRAZY IDEA - Why Don't We Productize Our Culinary Teams? ***** This week's episode is brought to you by: TIME FORGE TIME FORGE provides labor management for efficient teams. Recruit, retain, and manage your talent with a powerful piece of software.   VISIT: https://timeforge.com/RestaurantStrategy/ ***** This week's episode is brought to you by: POPMENU If you’re a restaurant owner you need a great website that not only looks beautiful, but helps drive more traffic and sales. Use POPMENU to take your business to the next level. Best of all, listeners of this show can lock in one, set monthly rate… and get $100 off their first month.  VISIT: https://popmenu.com/restaurantstrategy ***** This week's episode is brought to you by: DAVO Automate your sales taxes using DAVO BY AVALARA. The software integrates with most POS systems. It sets aside your sales taxes, files on time, and submits payments before the deadline. VISIT: https://davosalestax.com/RestaurantStrategy *****   Episode 8 of 10: I'm questioning some of the most funamental assumptions we have about our industry. Like today... "Why don't we productize our culinary teams?"   ***** Join us for the The P3 Profitability Summit  October 19-21, 2025  //  Fort Worth, TX LEARN MORE: https://www.chipklose.com/summit  

07-28
17:18

CRAZY IDEA - Is Dynamic Pricing the Only Way Forward?

#466 - CRAZY IDEA - Is Dynamic Pricing the Only Way Forward? *****  This week's episode is brought to you by: MARGIN EDGE Take control of your costs with using MarginEdge. Best of all? No contract. No setup fee. Free and unlimited training and support.  VISIT: marginedge.com/chip ***** Episode 7 of 10: I'm questioning some of the most funamental assumptions we have about our industry. Like today... "Is dynamic pricing the only way forward?"   ***** Join us for the The P3 Profitability Summit  October 19-21, 2025  //  Fort Worth, TX LEARN MORE: https://www.chipklose.com/summit  

07-24
13:48

CRAZY IDEA - Could Our Restaurant Run With ONLY Part-Time Staff?

#465 - CRAZY IDEA - Could Our Restaurant Run With ONLY Part-Time Staff? *****   This week's episode is brought to you by: KICKFIN Thousands of restaurants across the country use Kickfin to send instant, cashless tip payouts, directly to their employees’ bank accounts, the second their shift ends. Get in touch today for a personalized demo and see how restaurants and bars across the country are tipping out with Kickfin.  VISIT: https://kickfin.com/demo/ ***** Episode 6 of 10: I'm questioning some of the most funamental assumptions we have about our industry. Like today... "What if we got rid of full-time staff?"   ***** Join us for the The P3 Profitability Summit  October 19-21, 2025  //  Fort Worth, TX LEARN MORE: https://www.chipklose.com/summit    

07-21
14:04

CRAZY IDEA - What If We Had Different Menus Each Night?

#464 - CRAZY IDEA - What If We Had Different Menus Each Night? *****  This week's episode is brought to you by: MARGIN EDGE Take control of your costs with using MarginEdge. Best of all? No contract. No setup fee. Free and unlimited training and support.  VISIT: marginedge.com/chip ***** Episode 5 of 10: I'm questioning some of the most funamental assumptions we have about our industry. Like today... "What If We Had a Different Menu Each Night?"   ***** Join us for the The P3 Profitability Summit  October 19-21, 2025  //  Fort Worth, TX LEARN MORE: https://www.chipklose.com/summit  

07-17
10:52

CRAZY IDEA - How Do We Maintain Profits If Alcohol Sales Keep Dropping?

#463 - CRAZY IDEA - How Do We Maintain Profits If Alcohol Sales Keep Dropping? *****   This week's episode is brought to you by: KICKFIN Thousands of restaurants across the country use Kickfin to send instant, cashless tip payouts, directly to their employees’ bank accounts, the second their shift ends. Get in touch today for a personalized demo and see how restaurants and bars across the country are tipping out with Kickfin.  VISIT: https://kickfin.com/demo/ ***** Episode 4 of 10: I'm questioning some of the most funamental assumptions we have about our industry. Like today... "How can we possibly stay profitable if alcohol sales continue to drop?"   ***** Join us for the The P3 Profitability Summit  October 19-21, 2025  //  Fort Worth, TX LEARN MORE: https://www.chipklose.com/summit    

07-14
10:37

Recommend Channels