HomeHome.html
MissionMisson.html
AboutAbout.html
ServicesSevices.html
DesignDesign.html
Management
WorkWork.html
PhotosPhotos/Photos.html
ContactContact.html

The Restaurant Group

Guiding your business to success

Restaurant Financial Controls
 

TRG Consulting and Management offers restaurant and hotel operational management services dedicated to dramatically improving your foodservice businesses overall performance and long-term success.


We do this by utilizing innovative and proven strategic marketing, operational programs and business intelligence that drive real, organic guest loyalty, top line sales and bottom line profits.


Innovating a single unit operation or turning around a drifting restaurant requires a combination of proven operational skills and strategically focused leadership. TRG Miami provides a complete portfolio of restaurant contract management services including operations, marketing, culinary and staff and management training.


Two of our most popular financial control services are “Insight Controls” and “Full Operations Management”.

TRG offers the ideal inexpensive solution to your restaurants operational needs by using business intelligence software for restaurants. This option combines your critical data and provides insight and control.


  1.     Build Sales

  2.     Be Proactive

  3.     Make Quick and Informed Decisions

  4.     Use Data Insight to Gauge Guests Patterns

  5.     Check-level Drill-down

  6.     Generate Daily P&L Statements

  7.     Connect your Business in a Data Rich Network

  8.     Review your Data Remotely on the Web or from your Mobile Phone


Our Online service provides you with data when you need it as well as live support. You will not be alone, a consultant is just a phone call away to assist with any of your needs. Additional in-person services and marketing may be added at any time to maximize your restaurant’s potential.


We take care of everything from integration of your POS, to set-up, menu entry, recipe entry, and maintenance. We are also there for all your menu development, costing and labor forecasting needs.


Get a return on your investment.


In today's economic environment, there's one outstanding reason to use TRG Online Services.

IT WILL MAKE YOU MORE PROFITABLE by helping you eliminate overtime, reduce server and manager fraud, increase sales through proactive server salesmanship training, managing your inventory levels and plate costs, and much more, all in a dashboard-rich application.


Typical Insight Control fees consist of two parts.


Initial set-up and on-going service. These are very reasonable in cost and extremely effective.

Our restaurant contract management mission is to work closely with owners, operators and investors to bring stability and greatly improved financial performance to the foodservice establishment.


Our areas of expertise encompass a broad spectrum of restaurant operations including:


  1.     Concept Assessment & Development

  2.     Financial Analysis

  3.     Management Organization

  4.     Restaurant Turnaround

  5.     Interim Corporate Management

  6.     Management Team Assessment

  7.     Training And Recruitment

  8.     Restaurant Operations

  9.     Menu, Marketing and Sales Growth Strategies

  10.     Procurement


TRG Miami contract management team offers successful experience in developing restaurant management accountability, cost control systems, sales building initiatives and debt restructuring strategies, essential components to successful restaurant and hospitality business turnarounds.


Our approach creates a strategic and tactical focus among team members and restaurant management to execute according to sound strategies while providing change process support to achieve your business goals.


Typically, most contract management fees contain up to four components.


Initiation Fee:

This is based on the size of a property and operation. This fee compensates us for all the work related to the start-up, including internal controls and systems, accounting formatting, financial reporting, budgeting and inventory systems.


Management Fee:

This fee is always established as a percentage of revenue. Typically the percentage can range from 4 – 7 percent, based on the size of the operation. This fee provides the necessary motivation to the management team to benefit from improved sales or lose compensation if sales go down.


Bonus Profit Incentive:

This fee is based on a part of the profits of the business, ONLY if the business exceeds budgeted profitability as a bonus for exceeding expectations.


Accounting Fee:

This is a small fixed monthly fee to cover accounting expenses. This fee will vary depending on the size of the operation, but typically is $500 – $1,200 per month. Of course, these fees are contextual and vary with each business. Equally important are the exact responsibilities TRG Miami is asked to provide and the depth of authority you authorize us to execute. Typically we will prepare a complete budget for your approval within 60 days of taking over operations. Then we usually have complete authority to write checks and perform other “owner functions,” but only within budgetary guidelines. Any expense or action outside of your approved budget must be approved by the operator.


Management companies are very different, and each concept needs its own disciplines. So, make sure the company you select has proven abilities in promoting, marketing (revenue growth), cost management and developing a great experiential experience for your concept. TRG Miami possesses extensive operational and technical skills in all the key disciplines that have proven to yield substantial results for our clients. Our extensive restaurant and hospitality management experience enables us to help your restaurant management team attack many of the challenges facing foodservice operators today. Refined, experienced and diverse, we have the knowledge and perspective to identify opportunities for improvement in any environment.

Management Solutions

Insight Controls

Full Operations Management

TRG Restaurant Consulting Group