

RESTAURANT STRATEGY
Chip Klose
The Restaurant Strategy podcast is dedicated helping independent restaurant owners increase the profitability of their restaurants and grow. The show is hosted by industry expert Chip Klose, who asks the question: What would your life look like if your restaurant could deliver consistent, predictable 20% returns?
Episodes
Mentioned books

Jan 11, 2021 • 1h 32min
INTERVIEW: Restaurant Consultant, Christopher Tunnah
#96 - INTERVIEW: Restaurant Consultant, Christopher Tunnah
This week's episode is sponsored by: CRAVER
Get a beautiful, branded app for your restaurant with CRAVER. This isn’t just some cookie cutter software… it will be an extension of your brand in your customer’s pockets. You will own your customer’s data, own the process by which they engage with you, and have direct access to their orders, commission free!
To learn more about they can help you build loyalty and drive revenue, visit their website: https://craverapp.com
*****
This week I'm chatting with my good friend and colleague, Christopher Tunnah - a guy who's made a career opening restaurants. He's got a killer resume that stretches back two decades working with names like Tom Colicchio, Missy Robbins, Richard Gere, Danny Meyer, and more. He's got some great stories from the trenches, and a bunch of great info to share. Curious? Hit play!
And remember... if you want to record a message for our 100th episode, click the link below and let the community know how this show has helped you and your restaurant. Some insight, breakthrough, idea, whatever... it can be 5 seconds or 5 minutes. Share your story: CLICK THIS LINK
*****
Happy listening,Chip Klose
P.S. - CLICK HERE to download the ONLY Restaurant Budget Template You'll Ever Need

Jan 4, 2021 • 22min
The KPIs of Human Connection
#95 - The KPIs of Human Connection
This week's episode is sponsored by: CRAVER
Get a beautiful, branded app for your restaurant with CRAVER. This isn’t just some cookie cutter software… it will be an extension of your brand in your customer’s pockets. You will own your customer’s data, own the process by which they engage with you, and have direct access to their orders, commission free!
To learn more about they can help you build loyalty and drive revenue, visit their website: https://craverapp.com
*****
In 2021 I'm going to spend a lot of time talking about connnection. With all of the metrics we track, I think we still don't do enough to track the human side of our businesses. Even as I urge all of you to incorporate technology into your operations, I also want to make sure we're taking the time for the "human" side as well. Don't quite know what I'm talking about? Listen in!
And by the way, if you want to record a message for our 100th episode, I hope you'll click the link below and let the community know how this show has helped you and your restaurant. Some insight, breakthrough, idea, whatever... it can be 10 seconds or 5 minutes. Help me share your story: CLICK THIS LINK
*****
Happy listening,Chip Klose
P.S. - CLICK HERE to download the ONLY Restaurant Budget Template You'll Ever Need

Dec 28, 2020 • 23min
Hindsight is 2020
#94 - Hindsight is 2020
This week's episode is sponsored by: CRAVER
Get a beautiful, branded app for your restaurant with CRAVER. This isn’t just some cookie cutter software… it will be an extension of your brand in your customer’s pockets. You will own your customer’s data, own the process by which they engage with you, and have direct access to their orders, commission free!
To learn more about they can help you build loyalty and drive revenue, visit their website: https://craverapp.com
*****
The end of the year is a perfect opportunity to assess the past and start making plans for the future. On this week's episode I'm walking you through my process of analyzing my accomplishments from 2020, and how to set actionable goals for 2021. Sharing insights and personal stories to help you get set for the year ahead.
And by the way, if you want to record a message for our 100th episode, I hope you'll click the link below and let the community know how this show has helped you and your restaurant. Some insight, breakthrough, idea, whatever... it can be 10 seconds or 5 minutes. Help me share your story: CLICK THIS LINK
*****
Happy listening,Chip Klose
P.S. - CLICK HERE to download the ONLY Restaurant Budget Template You'll Ever Need

Dec 21, 2020 • 1h 1min
INTERVIEW: Peter Fader, Wharton Professor and Bestselling Author
#93 - INTERVIEW: Peter Fader, Wharton Professor and Bestselling Author
This week's episode is sponsored by: CRAVER
Get a beautiful, branded app for your restaurant with CRAVER. This isn’t just some cookie cutter software… it will be an extension of your brand in your customer’s pockets. You will own your customer’s data, own the process by which they engage with you, and have direct access to their orders, commission free!
To learn more about they can help you build loyalty and drive revenue, visit their website: https://craverapp.com
*****
Peter Fader is a sought-after public speaker, a bestselling author, and a celebrated marketing professor at The Wharton School at The University of Pennsylvania. He's a pioneer when it comes to "customer centricity" and something he calls CLV - "customer lifetime value." He founded a company called Zodiac many years back, which he then sold to Nike. (They then used the analytics company to help them pivot from B2B to B2C and it has changed the trajectory of their company. You can read about their move from 2017 on. You can here about that HERE.)
On this week's episode Peter is sharing his work on this material, explaining how it applies to companies large and small, and then finally drills down to provide a sort of playbook for restaurants. This is one of the most thrilling interviews I've ever done and I hope you all get as much out of it as I did.
*****
IMPORTANT LINKS:
Purchase Peter's book, CUSTOMER CENTRICITY
Follow Peter on Twitter
Find Peter on LinkedIn
Learn more about his new company, Theta Equity Partners
*****
If you want to record a message for our 100th episode, I hope you'll click the link below and let the community know how this show has helped you and your restaurant. Some insight, breakthrough, idea, whatever... it can be 10 seconds or 5 minutes. Help me share your story:
CLICK THIS LINK
*****
Happy listening,Chip Klose
P.S. - CLICK HERE to download the ONLY Restaurant Budget Template You'll Ever Need

Dec 14, 2020 • 14min
Should You Spend $500 on Facebook Ads?
#92 - Should You Spend $500 on Facebook Ads?
This week's episode is sponsored by: CRAVER
Get a beautiful, branded app for your restaurant with CRAVER. This isn’t just some cookie cutter software… it will be an extension of your brand in your customer’s pockets. You will own your customer’s data, own the process by which they engage with you, and have direct access to their orders, commission free!
To learn more about they can help you build loyalty and drive revenue, visit their website: https://craverapp.com
*****
Everyone loves to tell you that you should be advertising on Facebook, and on this week's episode I'm going to put the rumors to bed. Should you be spending money on Facebook Ads? Maybe.
I give you some criteria as well as two strategies to consider.
*****
Happy listening,Chip Klose
P.S. - CLICK HERE to download the ONLY Restaurant Budget Template You'll Ever Need

Dec 7, 2020 • 27min
10 Metrics All Restaurants Should Track
#91 - 10 Metrics All Restaurants Should Track
This week's episode is sponsored by: CRAVER
Get a beautiful, branded app for your restaurant with CRAVER. This isn’t just some cookie cutter software… it will be an extension of your brand in your customer’s pockets. You will own your customer’s data, own the process by which they engage with you, and have direct access to their orders, commission free!
To learn more about they can help you build loyalty and drive revenue, visit their website: https://craverapp.com
*****
What gets measured gets managed, and on this week's episode I'm discussing 10 diffierent metrics that you should be tracking in your restaurant. What are they?
Revenue
Expenses
Daily Covers
Check Average
Cover Count Bookings
Tip Percentage
E-Mail Marketing
P-Mix Matrix
Profit Margin
Employee Paychecks
CLICK HERE to download the ONLY Restaurant Budget Template You'll Ever Need
CLICK HERE to get my FREE Cover Count Tracker
*****
Happy listening,Chip Klose

Nov 30, 2020 • 15min
When the Pandemic Hits the Holidays
#90 - When the Pandemic Hits the Holidays
This week's (SHORT) episode is a passionate rant about what's happening right now in America... the second wave of the pandemic is slamming up against restaurants in what is usually the most profitable time of the year. I told you this was coming, and if you didn't believe me then I hope you'll believe me now... you have to pivot NOW, diversify your revenue streams NOW, and find new ways to serve your customers.
*****
Happy listening,Chip Klose (Host of the Restaurant Strategy Podcast)
P.S. - CLICK HERE to download the ONLY Restaurant Budget Template You'll Ever Need

Nov 23, 2020 • 55min
INTERVIEW: Amin Yazdani, Founder and CEO of Craver App
#89 - INTERVIEW: Amin Yazdani, Founder and CEO of Craver App
Amin Yazdani is the Founder and CEO of Craver, a software development company that creates branded apps for restaurants. Fully customizable with integrations with all of the major computer systems a restaurant uses like Loyalty, CRM, and POS. The success of restaurants hinges on our ability to adopt technology and use it to provide a better customer experience.
I hope you enjoy this wide-ranging interview!
IMPORTANT LINKS:
Learn More about Craver: https://craverapp.com
E-mail Amin directly: amin@craverapp.com
Call the Sales Team: 1-800-688-1916
*****
Happy listening,Chip Klose (Host of the Restaurant Strategy Podcast)
P.S. - CLICK HERE to download the ONLY Restaurant Budget Template You'll Ever Need

Nov 16, 2020 • 22min
A Blueprint for Achieving Any Goal
#88 - A Blueprint for Achieving Any Goal
"A goal without a plan is just a wish."
This is the final installment of a 3-episode arc all about systems and goals. We're talking about Peter Drucker once more and a framework he designed back in the 50's called "Managing by Objectives"... just 5 steps that will help you make any goal a reality.
IMPORTANT LINKS:
The Practive of Management by Peter Drucker
Innovation and Entrepreneurship by Peter Drucker
The Effective Executive by Peter Drucker
*****
Happy listening,Chip Klose (Host of the Restaurant Strategy Podcast)
P.S. - CLICK HERE to download the ONLY Restaurant Budget Template You'll Ever Need

Nov 9, 2020 • 20min
Setting S.M.A.R.T. Goals
#87 - Setting S.M.A.R.T Goals
In 1954 Peter Drucker coined the term S.M.A.R.T. Objectives. It's an acronym meant to help remind you of the best way to make your goals clear and actionable. It stands for Specific, Measurable, Acheivable, Relevant, and Time-Bound. On today's show I'm going to show you how to apply Drucker's philosphy to your own business.
IMPORTANT LINKS:
The Practive of Management by Peter Drucker
Innovation and Entrepreneurship by Peter Drucker
The Effective Executive by Peter Drucker
*****
Happy listening,Chip Klose (Host of the Restaurant Strategy Podcast)
P.S. - CLICK HERE to download the ONLY Restaurant Budget Template You'll Ever Need


