Summary of Responsibilities & Achievements:
- Oversaw all daily restaurant operations including inventory, cost control, and building systems for FOH/BOH.
- Developed and executed the restaurant's marketing strategy to drive customer engagement and revenue.
- Managed financial aspects including accounting, monthly investor reporting, bookkeeping, and tax filings.
- Led food & beverage development (recipe building, wine program, cocktails) and staff training (FOH/BOH).
- Ensured the restaurant's full compliance with all Illinois health standards, regulatory obligations, and internal quality standards, prioritizing food safety and operational excellence.
- Led capital raising efforts, securing a total of $1.1 million through investor, inKind, and the establishment of business lines of credit for the restaurant opening.
Vendor Management & Negotiation:
- Managed all vendor relationships, including selection, quality control via checklists, and timely order placement.
- Negotiated contract terms and pricing with diverse vendors (food, beverage, insurance, etc.) to improve cost and quality.
- Maintained constant communication with vendors, proactively seeking better deals and ensuring strong partnerships.
Inventory & Cost Control:
- Implemented MarginEdge for inventory control, enabling accurate cost tracking and identification of waste reduction opportunities.
- Developed order guides with par values for BOH/FOH, reducing ordering costs by 10% within one month.
- Contributed to a significant decrease in COGS from 35% to 25% through effective inventory and purchasing strategies.
Accounts Payable & Cash Flow Management:
- Managed all accounts payable, ensuring timely vendor payments to maintain positive relationships.
- Responsible for ensuring sufficient cash flow for timely payments, payroll, rent, and operating costs.
- Demonstrated strong fiscal responsibility in a new business environment, carefully managing cash utilization.
Procurement Strategy & Cost Monitoring:
- Implemented procurement strategy and cost monitoring, identifying and reducing business/liquor insurance costs by 65%.
- Proactively identified cost-saving alternatives for ingredients while maintaining quality standards.
- Established an approval process for chef and beverage director orders based on budget, ensuring financial control.