Beer Math

Preston Rideout released his latest tips of the trade by outlining how to determine you cost and profit per pint of beer

Forecasting Gross Profit Margin per Pint is not often discussed much less written about because it’s Boring.  You know what’s Not Boring?  Putting Money in the Register.  You know whats even Less Boring?  Maximizing the Money before putting it in the Register.  Conducting Beer Math requires a Meticulous Attention to Detail.  Unfortunately, failing owner operators, make no attempt to calculate Draft and Craft Beer Profit Margins before ordering Beer

Why, because No One Cares. Except for me. I care and I will show 9 steps to forecasting Gross Profit Margins per Pint. It’s that simple. All you have to do is assemble your Keg Cost and Keg Size. Everything else is just basic Beer Math.

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Ten Best Texas Whiskey

Ten Best Texas Whiskey

Let’s deconstruct the Ten Best Texas Whiskey ranked by “Whiskey Experts” then establish Preston Rideout’s Ten Best Texas Whiskey based on Cost Per Ounce.  Best is always subjective at “Best” where as Numbers Never Lie.  

As a Consultant, I tell Restaurant operators, Bar owners and Nightclub managers, “Don’t Tell Me What You Think. Show Me What the Numbers Say.”  While the Whiskey Experts debate which distillery Best embodies the Texas Spirit or celebrate Who won what Medal at the Whiskey Olympics, I’m going to discuss what matters.  Money in the Register.  It’s time to execute some Whiskey Math and rank “The Ten Best Texas Whiskey” based on their Cost Per Ounce.

Ten-Best-Texas-Whiskey-Preston-Rideout-750x350

 

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Meticulous Attention to Detail

Meticulous Attention to Detail

Lack of Meticulous Attention to Detail, not lack of Planning, is the leading cause of Hospitality Failure.  Bar owners will Fail, Nightclub Operators will go out of business and Restaurant Investors will loose capital if they Fail to execute a Meticulous Attention to Detail on a daily basis. Anyone, with money, can buy a Bar viagra a vendre. Far less people, can actually buy a bar then run it efficiently. Only a small fraction of owners can actually operate. These owner operators are Not successful because they plan better. They derive success by executing a Meticulous Attention to Detail on a Daily Basis.

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Bartender Sequence of Service

Bartender Sequence of Service

 

The 7 Step Bartender Sequence of Service is the cornerstone of my Bartender Training program.  I first received my Sequence of Service Training while Bartending for Pure Management Group, in Las Vegas, at World Famous Pure Nightclub.  I had been bartending at Tangerine, inside Treasure Island for several years, before pulling working Industry Night at Pure.  At that time, Joe Lopez was the General Manager and was the driving force behind PMG”S Bartender Sequence of Service Training program.  I bartended for Joe at Pure then worked, side by side ,with him and opened Audigier.  Since then, I’ve modified his 7 step Bartender Sequence of Service training program and use it everywhere I work.

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Rescue My Bar

Rescue My Bar Manual

Rescue My Bar Manual has over 1000 pages of Fully Editable Handbooks, Reports, Guides, Job Descriptions, Pricing Guides, Cash Flow Sheets, Private Event Contracts, Inventory Reports, Order Guides, Operating Procedures and everything else it takes to open or operate a successful Bar, Restaurant, Nightclub or Entertainment Facility.

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Millennials Nightclubs

Are Millennials The Future of Nightclubs

I recently came across a article from a blog called New Theory Magazine, claiming that Millennials Are Abandoning Nightclubs and Why.

They seem to blame Millennials for Nightclubs across the country shutting down before passing their first year of being in business. And they go on to say why they actually think that Millennials are not going to Nightclubs.

I however don’t agree. I personally think they reason why so many Nightclubs are closing down is simply for 2 reasons.

 

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Nightclub Hall of Fame News

Victor Drai Nightclub Hall of Fame Induction Ceremony

 

with Ryan Dahlstrom, Preston Rideout, Sancho Van Ryan and Michael Sartain.

The Nightclub Hall of Fame Induction Ceremony for Victor Drai was a Industry Mega Party with all the Top Nightclub and Bar Industry leaders in Las Vegas. Victor Drai accepted his Induction Ceremony Plaque from Ryan Dahlstrom and Preston Rideout, followed by a extravagant Las Vegas Style Fireworks show

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