News and Updates

Your Team Doesn’t Need Motivation — They Need a Scoreboard

The Myth of the “Unmotivated Staff Member” Hospitality owners often say: “My team just doesn’t care.” “No one’s taking ownership.” “I’ve explained it a hundred times.” But it’s usually not a motivation problem. It’s a visibility problem. If your team doesn’t...

The COGS Trap: Why You Can’t Save Your Way to Profit

If your food and beverage cost percentages are too high, your chef might try to trim a few dollars here and there: Switch to a cheaper brand of chips Cut portion sizes slightly Use frozen instead of fresh But here’s the truth: you can’t save your way to profit....

Hospitality Success Is a Weekly Game — Not a Monthly One

Why Waiting for Your P&L is Costing You Profit and How PERI Fixes It In hospitality, most venues don’t realise they’re managing profit far too late. They wait for the monthly P&L, spot problems that happened weeks ago, and by then, the damage is done. This is...

Using PERI to Align Chefs and Managers on a Single Profit Goal

In many hospitality venues, the front of house and back of house operate like two different businesses. The chef focuses on food quality and kitchen performance, while the venue manager handles bookings, staff, and service. But when it comes to profitability,...

PERI Makes It Binary: The Power of Yes/No Thinking in Hospitality

In hospitality, decision-making often feels messy. Managers juggle shifting rosters, last-minute bookings, COGS blowouts, staff issues, all while trying to hit profit targets. The result? Overwhelm, inconsistency, and reaction instead of strategy. That’s why we built...

We Don’t Have a Profit Problem — We Have a Planning Problem

When venues struggle to stay profitable, the first reaction is usually to cut costs, reduce hours, or blame staff. But in our experience coaching hospitality groups, the issue is rarely profit itself — it’s the lack of structure behind how the week is planned. You...

Your Budget Is Useless Without This Weekly Habit

Most hospitality venues think creating a budget at the start of the year is the solution to profitability. And while budgeting is important, it’s useless without consistent weekly action. That’s where the PERI framework makes the difference — especially the first two...

Why Every Hospitality Business Needs a Weekly Improvement Cycle

Most hospitality venues operate in cycles, but they’re the wrong ones. Roster, stocktake, payroll, repeat. There’s rarely time to stop and ask: “Are we actually getting better?” That’s where PERI comes in. PERI stands for Plan, Execute, Results, Improve and it...

Results Without Guesswork: How Hospitality Teams Can Measure What Matters

Most hospitality venues struggle to understand their financial performance, not because they don’t care, but because they’re busy, reactive, and don’t know what to measure. That’s where the PERI method changes everything. The "R" in PERI is Results. And it doesn’t...

The Real Reason Profitability Slips And How PERI Fixes It

In hospitality, profitability rarely disappears all at once. It leaks slowly, silently, and dangerously. One week it’s a slightly higher wage bill. The next it’s a quiet Friday. Then a missed COGS target. Before long, you’re asking, “Where did the profit go?” That’s...

Working Together for Success: How Chefs and Managers Can Improve Using the PERI Framework

by profitabilitypartners | Nov 13, 2024

In hospitality, the collaboration between chefs and managers is essential for balancing quality and financial goals. Improvement sessions provide a structured approach for the chef and manager to review past performance, ensure accountability, and set actionable goals...

Why Hospitality Businesses Should Always Strive for Improvement: A Story of Consistent Growth

by profitabilitypartners | Nov 7, 2024

I have a strong belief that in hospitality, there’s no such thing as standing still. A business is either improving or falling behind. Continuous improvement isn’t just a choice; it’s essential for long-term success in an industry where guest expectations, operational...

The Importance of the Venue Managers Decisions and how Managers can work with Finance Teams

by profitabilitypartners | Oct 31, 2024

In the hospitality industry, the decisions managers make on staffing, inventory, and pricing impact everything from daily operations to long-term profitability. However, for managers to make informed, impactful decisions, they need strong support. By providing...

Maximise Your Venue’s Profitability: Insights from Pub Leaders Summit 2024

by profitabilitypartners | Sep 30, 2024

As we reflect on our experience at the Pub Leaders Summit 2024, we’re filled with a sense of gratitude and pride. The summit wasn’t just about sharing ideas and strategies—it was about connecting with people passionate about the hospitality industry and helping them...

Fine Food Australia Recap – Driving Profitability Through Accounting & Coaching

by profitabilitypartners | Sep 23, 2024

Fine Food Australia is one of the most significant trade events in the hospitality sector, drawing thousands of foodservice professionals, restaurateurs, café owners, and suppliers from across the globe. Celebrating its 40th year in 2024, this event in Melbourne saw...

Alistair Jarvis at Fine Food Australia 2024

by profitabilitypartners | Aug 28, 2024

Join Profitability Partners at Fine Food Australia 2024! Fine Food Australia, the premier trade event for the foodservice and hospitality industry, is returning to Melbourne this September. As the leading platform for innovation, networking, and industry insights,...

The Future of Hospitality Finance

by profitabilitypartners | Aug 8, 2024

The hospitality industry is continuously evolving, and staying ahead of financial trends is crucial for maintaining profitability and competitiveness. At Profitability Partners, we specialise in helping hospitality businesses navigate these changes and secure their...

Transforming Your Hospitality Business with Profitability Coaching

by profitabilitypartners | Oct 27, 2023

In the dynamic and highly competitive world of hospitality, staying ahead requires more than just intuition. It calls for a strategic approach that profitability coaching can deliver. Profitability Partners is your partner on this transformative journey, offering...

Unlocking the Path to Success with Profitability Coaching

by profitabilitypartners | Oct 27, 2023

In the world of hospitality, the journey to success can be challenging, but it doesn't have to be navigated alone. Profitability coaching is the guiding hand that many businesses in this industry are turning to, recognizing the immense value it brings. At...

Staying Ahead with Financial Reporting

by profitabilitypartners | Oct 27, 2023

In the fiercely competitive realm of hospitality, staying ahead of the curve is not just an advantage; it's a necessity. Monthly financial reporting is your secret weapon for achieving precisely that. These reports offer a comprehensive overview of your financial...