The Profit Generator Show with Nathan Rigney
Welcome to The Profit Generator Show Podcast, where we cut through the bullsh*t of traditional accounting and show you how to maximize your profits using the Profit First method. Hosted by Nathan Rigney – accountant, business advisor, and Profit First expert – this is your no-nonsense guide to running a business that’s lean, profitable, and built to thrive. We actually give a damn about your success.
Website: www.ngraccounting.com.au
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Email: info@ngraccounting.com.au
The Profit Generator Show with Nathan Rigney
Hospitality Isn’t a Mugs Game (Unless You Run It Like One)
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Are restaurants really a “mugs game”?
Or are most hospitality businesses just missing the systems required to make money?
In this episode of the Profit Generator Podcast, Nathan sits down with hospitality consultant Steven Mulligan from Number Krunchers to unpack why so many cafés, pubs and restaurants struggle with profitability, even when they’re busy.
If you’re in hospitality (or thinking about opening a venue), this conversation could save you years of stress.
We cover:
- Why oversized menus destroy margins
- How overstocking quietly kills cash flow
- The truth about supplier negotiations
- Why front-of-house staff are salespeople (not just plate carriers)
- How to increase spend per head
- The importance of menu engineering
- Why business ownership is different from being a great chef
- How systems turn hospitality from chaos into profit
Hospitality moves fast.
Money comes in quickly and disappears just as fast.
The difference between struggling venues and profitable ones?
Clarity. Structure. Systems.
If you’re working insane hours and still wondering where the profit is going, this episode is for you.
Connect with Steven Mulligan (Number Krunchers):
https://numberkrunchers.com.au/
Need help with accounting, cash flow and building proper financial systems around your business?
Get in touch with NGR Accounting:
www.ngraccounting.com.au
Hospitality isn’t broken.
It’s just under-managed.
Watch now and start running a business, not a mugs game.
This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.