Multi-Concept Archives - Restaurant Accounting Services, Inc. https://rasiusa.com/tag/multi-concept/ Focus on Food, Not Finances™ Fri, 09 Jun 2023 20:27:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://rasiusa.com/wp-content/uploads/2025/04/RASI-Favicon-NEW-150x150.png Multi-Concept Archives - Restaurant Accounting Services, Inc. https://rasiusa.com/tag/multi-concept/ 32 32 How a Multi-concept Operation Increased Their NOI by 24.6% With RASI https://rasiusa.com/case-studies/how-a-multi-concept-operation-increased-their-noi-by-24-6-with-rasi/ Thu, 03 Jun 2021 14:03:05 +0000 https://rasiusa.com/?p=234681 RASI has helped us tremendously to turn things around. Their hospitality-specific software is an excellent analytics tool, allowing us to gauge performance in real-time and proactively make adjustments on areas of opportunity. Since signing on with RASI Pro Plan, our Food Cost has dropped by 5.29%, our Pour Cost by 1.2% and our Hourly Labor […]

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RASI has helped us tremendously to turn things around. Their hospitality-specific software is an excellent analytics tool, allowing us to gauge performance in real-time and proactively make adjustments on areas of opportunity. Since signing on with RASI Pro Plan, our Food Cost has dropped by 5.29%, our Pour Cost by 1.2% and our Hourly Labor Cost by 11.8%. That’s a drop of 18.29% in Prime Costs alone!

In addition, their staff is very knowledgeable and helpful. They are always available to guide and educate you on ways to improve your business, and how to best use the software to do so. To date, our NOI has increased by a remarkable 24.6% through the use of RASI’s system and services. We have control of our operation again.

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How a Multi-concept Operation Lowered Their Prime Costs With RASI https://rasiusa.com/case-studies/how-a-multi-concept-operation-lowered-their-prime-costs-with-rasi/ Thu, 03 Jun 2021 14:01:49 +0000 https://rasiusa.com/?p=234680 We could not be happier with the tools that RASI has given us. Since fully implementing RASI systems into the fabric of our operations, we have been consistently decreasing our Prime Costs and have full knowledge of where to focus in order to increase our Gross Profit after Prime Cost percentage.  My team and I […]

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We could not be happier with the tools that RASI has given us. Since fully implementing RASI systems into the fabric of our operations, we have been consistently decreasing our Prime Costs and have full knowledge of where to focus in order to increase our Gross Profit after Prime Cost percentage.  My team and I now have the weekly financial reporting tools we need to identify where the restaurant can improve as a business.  We have changed from a business that was barely breaking even into a business with financial controls and reports that allow us to operate profitably every week.  Switching to RASI is one of the primary reasons our business is not only still open but also growing at a consistent average of 70% growth over last year’s sales.

The problem with running a profitable restaurant on a weekly basis is that as an owner you are constantly fighting to build the business, maintain quality control and look for ways to differentiate yourselves to remain competitive. Since we signed on with RASI Professional Services, we’ve started making significant progress on increasing our profitability. Every week my General Manager and I meet with a RASI Client Advisor, our new “CFO” and work on nailing down our food costs, labor costs, fixed costs, menu engineering and find ways to increase our profitability.

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How a Multi-concept Operation Increased Their Profits With RASI https://rasiusa.com/case-studies/how-a-multi-concept-operation-increased-their-profits-with-rasi/ Mon, 03 Apr 2023 19:54:53 +0000 https://rasiusa.com/?p=234678 I have been using RASI for over five years and am a huge fan.  As the owner of 9 multi-concept restaurants, I have found RASI to be an invaluable tool – the only way I’m able to do my job as COO is to use the tools, Reporting, Accounting and Financial Services and Support Team […]

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I have been using RASI for over five years and am a huge fan.  As the owner of 9 multi-concept restaurants, I have found RASI to be an invaluable tool – the only way I’m able to do my job as COO is to use the tools, Reporting, Accounting and Financial Services and Support Team that RASI offers me.

Here is an example of RASI’s practical value. RASI has developed financial acumen and accountability in my team and they’ve helped me build the leadership in my organization. My team is stronger, better, and more focused due in large part to RASI’s ongoing education and support. RASI provides excellent developmental tools and training which gives me the time I need to oversee my company as a whole, instead of having to micromanage all of the day to day operational tasks.

Working with the RASI team I was able to identify unjustifiable food, labor, and operational costs that were dragging down profits. Within a few months, we went from marginal to profitable operations. RASI gives us all the information we need both timely and accurately which allows us to react quickly to changing sales and profitability. The data that RASI provided were real and irrefutable; therefore, the GM and KM immediately began to address the problems and begin the fixing process. As a result, the restaurant is performing better than ever, and profits are strong. Additionally, on the Elite plan, the collaborative approach with RASI’s accounting team has allowed us to cut down on our own accounting staff, which in has been a significant payroll savings.

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