Green Tomato: 13 Ways to Improve Profitability in 2013
A significant profit center in any foodservice operation is energy efficiency and savings.
By Jay Fiske
As the economy and the foodservice industry appear to be gaining steam, are you prepared to reap the full benefit? While operators are conditioned to keep a tight rein on food and labor costs, when it comes to overhead, many throw up their hands in frustration and resignation. You might not be able to change the terms of your lease or rising property taxes, but with a few easy actions, you can control much of your energy destiny.
Best of all, every energy dollar saved is pure profit. For an operation with an 8% profit margin, you’d have to increase sales by $12.50 to add just one dollar in profits. To keep that in perspective, if you cut $500 a month in energy expense, that adds an additional profit of $6,000 per annum. To generate that profit in the traditional way, you’d have to increase sales by $75,000. So there’s not a moment to lose!