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
What's coming for hospo in June: the 4.75% award wage hike confirmed, payday super landing on 1 July, and the looming trust tax changes that could double-tax small business owners. If you're a restaurant owner, café owner or bar owner in Australia, here's exactly what's coming and what to do about it.
Three things landed on hospitality this month, and all three need action.
In this month's industry update, Tim sits down with Wes Lambert — CEO of ARCA and the man in Parliament advocating for every café and restaurant in Australia — to break down the confirmed 4.75% award wage rise (third-largest since the GFC), the payday super deadline on 1 July, and the trust tax changes that could quietly cost small business owners a fortune in fiscal 27.
Plus the small business CGT carve-out (good news, for once), where the surcharge ban stands as it approaches end of year, and what's happening with the phase-out of junior rates.
If you haven't lifted your prices yet this year, this is your last warning.
You'll hear:
00:00 – The 4.75% award wage hike: confirmed, predicted months ago
03:00 – What this means for your roster, your rates, and your menu prices
05:00 – Payday super lands 1 July: what changes and how to prepare
08:00 – Trust tax changes: the looming threat most owners don't know about
12:00 – The small business CGT carve-out — and why it might actually be good news
14:00 – Where the surcharge ban stands as we head into October
16:00 – End of junior rates: timeline update
18:00 – EOFY compliance: single-use plastics, seafood labelling, payday super
20:00 – What every operator needs to do this month
Key takeaways:
- Award wages confirmed up 4.75% from 1 July. If you haven't raised your menu prices by at least that much, you're absorbing the hit yourself.
- Payday super starts 1 July — every pay run now triggers a super payment. Cash flow planning starts now.
- Trust tax changes proposed for fiscal 27 could result in double taxation for small business owners running through trust structures. Talk to your accountant now.
- Not acting is a decision — and right now it's the most expensive one you can make.
- ARCA is your voice in Parliament. The more members they have, the louder it gets.
Checkout the Payday Super Webinar Replay: https://learn.foodiecoaches.com.au/payday-super-replay
Join our Foundation Programs: https://foundations.foodiecoaches.com.au/programs
If you're not on top of your pricing, your labour costs and your margins right now, book a free Profit Finding Session with the Foodie Coaches team at https://discover.foodiecoaches.com/bac
Join ARCA at arca.org.au
The people advocating for your industry need your support.
Follow along:
@foodie_coaches
@tim.kummerfeld
New updates every month
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