Improving the financial performance of your cafe with John Richardson

https://is1-ssl.mzstatic.com/image/thumb/Podcasts221/v4/20/47/f4/2047f4ab-b53a-93f8-92b5-80f08cfb0712/mza_1347059831078799634.jpg/600x600bb.jpg

Coffee Knowledge Hub

Andrew Tolley

29 episodes

2 weeks ago

Do you work in the coffee industry or want to work in the coffee industry? This podcast is about the business of coffee, for people who want to improve their coffee businesses, start a coffee business, or be better at their jobs. Learn from industry leaders and experts from across the globe. Learn from the mistakes many have made before. Hosted by Andrew Tolley and Tibor Varady, whose experiences traverse cafe startup, management, training, retail, roasting, and leading diverse teams. We have a combined industry experience of over 30 years. We have been successful competitors, we are both past Chairs of the Barista Guild of Europe (as it was then). We are excited to help you navigate the dynamic world of coffee businesses.

Management

Business

RSS

All content for Coffee Knowledge Hub is the property of Andrew Tolley and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Management

Business

https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_episode/42532723/42532723-1732956791608-79a34e2870f45.jpg

Improving the financial performance of your cafe with John Richardson

Coffee Knowledge Hub

1 hour 34 minutes 39 seconds

11 months ago

Improving the financial performance of your cafe with John Richardson

If you’re a café operator struggling with rising costs and declining revenue, this episode of the Coffee Knowledge Hub Podcast is just what you need. We sit down with John Richardson, The Café Expert, to dive into the numbers and explore practical strategies to boost your margins. This episode is packed with actionable advice that you can start implementing right away.

With over 30 years of experience, John has founded, sold, and consulted on hundreds of successful businesses, helping them grow and thrive.

12 cups explainer: https://thecafeexpert.com/numbers/

Contact John:

Free cafe and coffee shop owners Facebook group.

https://www.facebook.com/groups/cafeandcoffeeshopprofits/

Instagram

https://www.instagram.com/thecafeexpert/

Chapters:

0:00 - John's professional history, defining COGS and labour costs

41:00 - 12 cup model

44:00 - Wastage impact on profit as a percentage

46:50 - Increase revenue

51:00 - Evaluating the ‘we need more staff conversation

58:25 - Operational complexity

1:01.30 Top 10/bottom 10

1:09 - Improving variable costs

124:50 - Avoiding being overwhelmed