Make Restaurants Profitable

1 in 4 restaurants ran at a loss last year.And if you’re honest?You’ve probably felt just one bad month away from being part of that stat.I’ve recorded a few episodes for this podcast now and after speaking with some of the best restaurant owners in Australia … nearly every single one of them has been through the same stuff that you’re facing right now.Whether it's finding staff, 80 hour weeks, rising supplier costs, struggling to balance family, no money left to pay yourself, fires, floods … you name it - the guests I’ve spoken to have seen it all.Some of them are now industry leaders and experts, with successful restaurants, franchises, turning over millions in revenue, and even stocking their products in supermarketsThis podcast is about what really made the difference.The stuff no one talks about.The mindset shifts, the messy moments, and the moves that actually worked.So if you’re: Sick of grinding with nothing to show for it Ready to finally pay yourself properly Wanting a business that runs without you there 24/7Then this is for you.Every week, we’ll break down how to make restaurants profitable againNot just with theory, but real strategies that are working right now.If you need help right now head over to foodiecoaches.com and book a call with our team otherwise hit follow or subscribe wherever you’re tuning in and I’ll see you every WednesdayCheck out the behind the scenes over at @foodie_coaches and @tim.kummerfeld

  1. Oct 21

    How Tara Saved Her Business, Rebuilt Her Identity, and 5Xed Her Revenue

    At one point, Tara felt like she had completely lost control—not just of her business, but of who she was. Burnt out, drowning in debt, and facing bankruptcy, she found herself isolating, second-guessing every decision, and questioning everything. But what she did next changed everything. This episode is a raw look at what it takes to come back stronger: the brutal self-talk, the wrong advice, the fearless decisions, and the one shift that 5Xed her revenue almost overnight. Tara also shares how she rebuilt her culture, transformed her food costs, and built a team that lives and breathes the experience she dreamed of. You’ll hear: 00:00 – Feeling like a failure (and what came next) 06:00 – Why your worst-performing venue is draining more than just cash 09:30 – How Tara found the right plan (after 3 wrong ones) 14:00 – The $600K mistake and the decision that changed it all 18:30 – What 5Xed her weekly revenue instantly 22:00 – Choosing the right partner—in life and business 27:30 – How Tara dropped her food cost from 32% to 20% 30:00 – Building culture through “Meraki Impact Days” 35:00 – What real customer experience actually looks like 38:00 – The advice that could’ve saved her $100K (and 6 months of stress) 41:00 – What to do when everything’s “fine” but you’re bored 43:00 – Why your next venue is probably a bad idea 44:30 – The number one thing every new owner should do before signing a lease If you’re in deep—or just don’t know what the next move is—book a free call with the Foodie Coaches team at foodiecoaches.com. 📱 Behind the scenes + more tips: @foodie_coaches | @tim.kummerfeld

    How Tara Saved Her Business, Rebuilt Her Identity, and 5Xed Her Revenue
  2. Oct 12

    The Accounting Mistakes That Send Restaurants Broke: With Tim Niesler from The FC Accounting Co

    How to run a profitable restaurant comes down to your numbers, and most restaurant owners are being let down by the people meant to look after them. For restaurant owners, café owners, and anyone in a hospitality business, the right accounting setup is the difference between building wealth and quietly going backwards every week. Tim Niesler is the director of The FC Accounting Co, the accounting firm built specifically to service hospo owners, and he's seen exactly where the industry gets failed. For years, accountants told hospitality owners not to bother with tax planning because they probably wouldn't be around next year. Tim built something different. An accounting firm that sets owners up for the future, not just the next tax return. In this one, the two Tims go deep on the stuff most owners were never taught. Why your business structure matters more than you think. How putting GST, PAYG and super aside weekly gives you an early warning system. Why, in hospitality, you almost never have a cash flow problem, you have a profit problem. And the Division 7A trap that quietly snowballs into a tax bill you can't pay. If you've ever told yourself "I've just got a cash flow issue," this episode is for you. You'll hear: → What a hospo-specialist accountant does differently from a traditional firm  → Why the right business structure protects your personal assets  → The weekly habit that flags trouble in your first three weeks, not five months later  → Cash flow vs profit, and why hospitality owners confuse the two  → How to handle ATO debt without going further backwards Key takeaways: Put your GST, PAYG and super aside weekly from day one. It becomes your red flag.In hospitality you get paid every day, so a cash flow problem is usually a profit problem.Your real break-even includes loan repayments and ATO debt, not just your P&L.Pay yourself a wage and your super. Your business sale is not your retirement plan.Ready to build a restaurant that makes money and runs without you? Book a Profit Finding Session: https://discover.foodiecoaches.com/bac Follow Foodie Coaches:  @foodie_coaches  @tim.kummerfeld New episodes every Wednesday.

    The Accounting Mistakes That Send Restaurants Broke: With Tim Niesler from The FC Accounting Co
  3. Oct 9

    Trading While Insolvent: The Mistake That Costs You Everything - with Timmy Niesler

    Trading while insolvent isn’t just “having a bad month.” It means your hospitality business can’t pay its bills when they fall due, and if you keep trading without a plan, the consequences can get serious fast. Book a Gameplan Session → https://foodiecoaches.co/yt-bac In this episode, Tim Kummerfeld sits down with Timmy Niesler from FC Accounting Co. to break down what insolvency actually looks like in hospitality and why so many owners leave it too late before making a decision. They cover how to recognise when your business is becoming insolvent, the risks of continuing to trade while losses and debt keep building, and what options you may have to regain solvency before the situation gets worse. They also explain why tax planning still matters when you’re losing money. Sometimes seeing the real numbers is the wake-up call you need to finally change direction. The message is simple: know where you stand, understand your options, and act before the problem becomes impossible to ignore. Book a Gameplan Session → https://foodiecoaches.co/yt-bac 00:00 What Insolvency Actually Means 02:20 The Risk of Trading While Insolvent 03:30 How to Regain Solvency 04:00 Why Tax Planning Still Matters 05:20 Accounting and Structure Mistakes 08:00 Getting the Right Advice Early 11:00 Planning for the Bigger Picture Follow along: Foodie Coaches https://www.instagram.com/foodie_coaches/ Tim Kummerfeld: https://www.instagram.com/tim.kummerfeld/ New episodes every Wednesday. #restaurantaccounting #insolvency #restaurantdebt #restaurantowner #hospitalitybusiness #smallbusinessaccounting

    Trading While Insolvent: The Mistake That Costs You Everything - with Timmy Niesler

Ratings & Reviews

5
out of 5
2 Ratings

About

1 in 4 restaurants ran at a loss last year.And if you’re honest?You’ve probably felt just one bad month away from being part of that stat.I’ve recorded a few episodes for this podcast now and after speaking with some of the best restaurant owners in Australia … nearly every single one of them has been through the same stuff that you’re facing right now.Whether it's finding staff, 80 hour weeks, rising supplier costs, struggling to balance family, no money left to pay yourself, fires, floods … you name it - the guests I’ve spoken to have seen it all.Some of them are now industry leaders and experts, with successful restaurants, franchises, turning over millions in revenue, and even stocking their products in supermarketsThis podcast is about what really made the difference.The stuff no one talks about.The mindset shifts, the messy moments, and the moves that actually worked.So if you’re: Sick of grinding with nothing to show for it Ready to finally pay yourself properly Wanting a business that runs without you there 24/7Then this is for you.Every week, we’ll break down how to make restaurants profitable againNot just with theory, but real strategies that are working right now.If you need help right now head over to foodiecoaches.com and book a call with our team otherwise hit follow or subscribe wherever you’re tuning in and I’ll see you every WednesdayCheck out the behind the scenes over at @foodie_coaches and @tim.kummerfeld

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