How To Read A Restaurant P&L Statement (And Use It To Double Profit)

📊 In this video, I share how restaurant owners making $200K+ per location use their P&L to maximize profits (and the exact strategies they follow)!

👀 You'll learn: how to read your P&L like a pro, the menu engineering secrets that McDonald's uses to double profits, and how AI is helping restaurants cut labor costs by 50%.

⭐ Want to see how Owner.com helps restaurants use technology to optimize their P&L and boost profits? Book a demo: https://www.owner.com/demo-schedule?u...

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00:00 - Maximizing Restaurant Profits
00:49 - Why The P&L Is So Important
01:17 - Sales and COGS
02:37 - Labor Costs and Operating Expenses
04:44 - Prime Costs: The Key to Profitability
05:35 - Menu Engineering for Higher Profits
08:29 - Reducing Labor Costs with Technology
08:56 - Profitability Success Stories