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Restauranttopia: A Show for Local Independent RestaurantsAuthor: Brian Seitz, David Ross, and Anthony Hamilton
We love locally owned independent restaurants. These businesses build strong communities by linking neighbors in a web of economic and social relationships. The more the independent restaurants are thriving, the healthier the community will be! We want to help restaurant owners and operators hone their competitive edge through effective marketing and business practices. Restauranttopia focuses on all things related to restaurant management and operations from hosts David Ross, Brian Seitz, and chef Anthony Hamilton. We feature interviews and restaurant success stories, along with insights on cost control, marketing, management and personnel issues. Tune in for marketing ideas and tactics from restaurant business experts, gathered from lessons from restaurants around the US. Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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6 Financial Mistakes That Are Killing Your Restaurant (and How to Fix Them)
Episode 182
Saturday, 25 October, 2025
6 Financial Mistakes That Are Killing Your Restaurant (and How to Fix Them) In this episode of Restaurantopia, the guys break down six common financial mistakes that can quietly (or not so quietly) destroy your restaurant’s profitability. Brian Seitz leads the conversation with Anthony Hamilton and Dave Ross, bringing his experience from restaurant acquisitions and financial consulting to uncover what so many operators are doing wrong — and how to turn it around. From mixing personal and business finances to overleveraging debt, this is a no-nonsense, practical guide to tightening up your restaurant’s money game. 💸 The 6 Big Mistakes: Mixing Business and Personal Finances Keep your restaurant’s money separate from your personal life. Stop “writing it off” and start running your business clean. Growing with Debt Instead of Cash Merchant cash advances aren’t growth tools—they’re traps. Learn how to fund responsibly. Not Knowing Your Numbers Your P&L isn’t just a report; it’s your roadmap. Buying Toys You Don’t Need Subscription bloat and shiny new tech can sink you faster than you think. Paying Bills and Taxes Late Late fees and tax penalties are like lighting money on fire—build a contract calendar and stay disciplined. Chasing Profit and Forgetting People Cutting corners on culture will cost you talent—and ultimately, profit. 💡 Key Takeaways Separate accounts, separate mindsets: your restaurant’s money isn’t your money. Debt can kill your business if you treat it like income. Review your P&L every month (or weekly if you’re struggling). Audit your subscriptions and spending regularly. Respect due dates—late payments quietly eat your margins. Don’t forget your team. Profit follows people, not the other way around. 📘 Bonus: Brian shares how to structure debt-equity deals responsibly, why retained earnings matter, and how to become a true “student of the game” when it comes to your restaurant’s finances.
