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we believe there are three core competencies that every independent owner and management team must have to create and sustain a successful profitable restaurant business these competencies include implementing effective systems building a strong positive culture and business skills systems are required to organize operations and provide customers with what they want more than anything else a consistent reliable guest experience a strong culture is needed to engage the staff so that they like their jobs work together as a team do their best and take great care of their guests and business skills are important to control costs to make financially sound decisions and ensure the restaurant generates an adequate profit one of the cornerstones of good business management especially in the operation of a restaurant is understanding and using the profit and loss or PL statement one reason is a restaurant business is very dynamic sales cost and profit margins can change quickly and materially
