Make Restaurants Profitable
Make Restaurants Profitable
Podcast Description
1 in 4 restaurants ran at a loss last year.
And if you’re honest?
You’ve probably felt just one bad month away from being part of that stat.
I’ve recorded a few episodes for this podcast now and after speaking with some of the best restaurant owners in Australia … nearly every single one of them has been through the same stuff that you’re facing right now.
Whether it's finding staff, 80 hour weeks, rising supplier costs, struggling to balance family, no money left to pay yourself, fires, floods … you name it - the guests I’ve spoken to have seen it all.
Some of them are now industry leaders and experts, with successful restaurants, franchises, turning over millions in revenue, and even stocking their products in supermarkets
This podcast is about what really made the difference.
The stuff no one talks about.
The mindset shifts, the messy moments, and the moves that actually worked.
So if you’re:
Sick of grinding with nothing to show for it
Ready to finally pay yourself properly
Wanting a business that runs without you there 24/7
Then this is for you.
Every week, we’ll break down how to make restaurants profitable again
Not just with theory, but real strategies that are working right now.
If you need help right now head over to foodiecoaches.com and book a call with our team otherwise hit follow or subscribe wherever you’re tuning in and I’ll see you every Wednesday
Check out the behind the scenes over at @foodie_coaches and @tim.kummerfeld
Podcast Insights
Content Themes
Explores topics such as operational challenges in restaurants, mindset shifts necessary for success, and real-life experiences from industry leaders. Examples of episodes include discussions on staff retention, financial struggles, and practical advice for navigating rising costs and consumer habits.
1 in 4 restaurants ran at a loss last year.And if you’re honest?You’ve probably felt just one bad month away from being part of that stat.I’ve recorded a few episodes for this podcast now and after speaking with some of the best restaurant owners in Australia … nearly every single one of them has been through the same stuff that you’re facing right now.Whether it’s finding staff, 80 hour weeks, rising supplier costs, struggling to balance family, no money left to pay yourself, fires, floods … you name it – the guests I’ve spoken to have seen it all.Some of them are now industry leaders and experts, with successful restaurants, franchises, turning over millions in revenue, and even stocking their products in supermarketsThis podcast is about what really made the difference.The stuff no one talks about.The mindset shifts, the messy moments, and the moves that actually worked.So if you’re: Sick of grinding with nothing to show for it Ready to finally pay yourself properly Wanting a business that runs without you there 24/7Then this is for you.Every week, we’ll break down how to make restaurants profitable againNot just with theory, but real strategies that are working right now.If you need help right now head over to foodiecoaches.com and book a call with our team otherwise hit follow or subscribe wherever you’re tuning in and I’ll see you every WednesdayCheck out the behind the scenes over at @foodie_coaches and @tim.kummerfeld
A hospitality business can look profitable on paper and still hit a financial wall when old debt, repayments and tax obligations start eating the cash.
Book a Gameplan Session → https://foodiecoaches.co/yt-bac
In this episode, Tim sits down with Timmy from FC Accounting to break down what happens when hospitality owners are carrying debt and struggling to keep up with current obligations.
They cover how ATO debt affects cash flow, why your real breakeven may be much higher than you think, and the difference between having a cash flow problem and having a profit problem.
They also explain Division 7A loans and how taking money out of your business the wrong way can create a much bigger tax problem later.
The goal: understand the debt, know where your cash is really going, and make changes before the business hits the wall.
Book a Gameplan Session → https://foodiecoaches.co/yt-bac
00:00 Managing Debt and Cash Flow
00:56 ATO Debt and Business Models
03:23 Profit Versus Cash Flow
07:14 Understanding Division 7A Loans
Follow along:
Foodie Coaches https://www.instagram.com/foodie_coaches/
Tim Kummerfeld: https://www.instagram.com/tim.kummerfeld/
New episodes every Wednesday.
#restaurantaccounting #restaurantdebt #cashflow #restaurantowner #hospitalitybusiness #smallbusinessaccounting
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