Home
Categories
EXPLORE
True Crime
Comedy
Society & Culture
Business
Sports
History
Music
About Us
Contact Us
Copyright
© 2024 PodJoint
00:00 / 00:00
Sign in

or

Don't have an account?
Sign up
Forgot password
https://is1-ssl.mzstatic.com/image/thumb/Podcasts221/v4/e0/d7/00/e0d700eb-1d92-02da-007b-886e9ada488d/mza_15845419210596105182.jpg/600x600bb.jpg
FULL COMP: The Voice of the Restaurant Industry Revolution
Josh Kopel
624 episodes
2 days ago
What if I told you that the difference between struggling and thriving in the restaurant industry is just one conversation away? I’m Josh Kopel, a Michelin-awarded restaurateur who’s spent decades building blockbuster brands across every tier of dining. I know the challenges you’re facing—because I’ve been there. That’s why I created FULL COMP. Every week, I go one-on-one with the smartest minds in the game: restaurateurs, chefs, and industry insiders who’ve cracked the code. Together, we unpack their biggest wins, hardest lessons, and the strategies that changed everything. No fluff, no filler—just actionable insights to help you boost profits, build your brand, and create the kind of restaurant you’ve always dreamed of. So, if you’re ready to stop spinning your wheels and start seeing results, hit subscribe.
Show more...
Entrepreneurship
Business,
Marketing
RSS
All content for FULL COMP: The Voice of the Restaurant Industry Revolution is the property of Josh Kopel and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
What if I told you that the difference between struggling and thriving in the restaurant industry is just one conversation away? I’m Josh Kopel, a Michelin-awarded restaurateur who’s spent decades building blockbuster brands across every tier of dining. I know the challenges you’re facing—because I’ve been there. That’s why I created FULL COMP. Every week, I go one-on-one with the smartest minds in the game: restaurateurs, chefs, and industry insiders who’ve cracked the code. Together, we unpack their biggest wins, hardest lessons, and the strategies that changed everything. No fluff, no filler—just actionable insights to help you boost profits, build your brand, and create the kind of restaurant you’ve always dreamed of. So, if you’re ready to stop spinning your wheels and start seeing results, hit subscribe.
Show more...
Entrepreneurship
Business,
Marketing
https://img.transistor.fm/WqaUpdYeuNwxFOkOVCXrRK2ueVLCHMjta0OaILIGqEM/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kMDRi/MDllODEyZmZiMTA3/N2YwNzRkMDkzZTQ5/NmRhMS5qcGc.jpg
Office Hours: Expansion Is the Fastest Way to Go Broke
FULL COMP: The Voice of the Restaurant Industry Revolution
9 minutes
2 weeks ago
Office Hours: Expansion Is the Fastest Way to Go Broke

I’m Josh Kopel, a Michelin-awarded restaurateur and the creator of the Restaurant Scaling System. I’ve spent decades in the industry, building, scaling, and coaching restaurants to become more profitable and sustainable. On this show, I cut through the noise to give you real, actionable strategies that help independent restaurant owners run smarter, more successful businesses.

In this episode, I dive into what it really takes to scale a restaurant successfully—and why opening a second location isn’t always the right next step. I break down how to strengthen your systems, master your financials, and get your house in order before expanding. I share the key lessons I’ve learned about maximizing one restaurant’s potential first, so growth becomes sustainable, not stressful.
 
Takeaways

  • Expansion isn't a milestone; it's a multiplier.
  • A second location doubles your overhead, not your skill.
  • Scaling inside one location is smarter, cheaper, and faster.
  • Most operators have 30 to 40% more revenue potential in their existing location.
  • If you can't take a two-week vacation without issues, you're not ready to multiply.
  • Expansion is math, not momentum.
  • You need a minimum of 18% net profit margin before expanding.
  • Having a cash cushion of six months of operational costs is crucial.
  • You should have a leadership team that can clone themselves.
  • Focus on maximizing current revenue before considering a second location.

Chapters

00:00 Introduction to Restaurant Success

01:51 The Myths of Expansion

05:40 Preparing for Expansion

07:07 Actionable Steps for Growth


If you’ve got a marketing or profitability related question for me, email me directly at josh@joshkopel.com and include Office Hours in the subject line. If you'd like to scale the profitability of your restaurant in only 5 days, sign up for our FREE 5 Day Restaurant Profitability Challenge by visiting https://joshkopel.com.

FULL COMP: The Voice of the Restaurant Industry Revolution
What if I told you that the difference between struggling and thriving in the restaurant industry is just one conversation away? I’m Josh Kopel, a Michelin-awarded restaurateur who’s spent decades building blockbuster brands across every tier of dining. I know the challenges you’re facing—because I’ve been there. That’s why I created FULL COMP. Every week, I go one-on-one with the smartest minds in the game: restaurateurs, chefs, and industry insiders who’ve cracked the code. Together, we unpack their biggest wins, hardest lessons, and the strategies that changed everything. No fluff, no filler—just actionable insights to help you boost profits, build your brand, and create the kind of restaurant you’ve always dreamed of. So, if you’re ready to stop spinning your wheels and start seeing results, hit subscribe.