Overview

This is a valuable resource if you seek higher profits and a better-managed business. With an Expense Loss methodology readers learn to include foresight, therefore conditioning their decisions to achieve their desired results. To fully understand the process the material is broken into three parts. Chapter one through thirteen outlines the Expense Loss method with examples of the process throughout the reading. Chapter fourteen is the review method outlined with many analysis headings offering questions and observations to consider in reviewing a business. Chapter fifteen is an actual review I conducted at a country club in the United States, offering insight into the results that can be achieved through the process. Managing a business often exposes concerns about the direction operational decisions may take the company. There is the certainty that each decision you make, process you put into place, or purchase you decide upon, has an immediate and direct effect on profits. Consequently, the results of each decision can be positive or negative against profits, and understanding this should be part of the consideration to improve operational results. In other words, you must know where your decisions are taking you. This is not a fill-in-the-blank process that you must figure out for yourself after reading the book! Readers are provided with the concept alongside questions and observations to construct actual scenarios occurring in their business, review them, and establish the pros and cons of what is working and what needs to be addressed. This book is a fast read for professionals who want to produce high-performance results with added ongoing profits in a short period of time. If you want to improve your team's performance or have been looking for a formula that provides added results, here it is.

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Reviews

"Janet Irizarry 5.0 out of 5 stars Jim Lopolito's restaurant industry expertise provides valuable insights, catering not only to newcomers and seasoned professionals in hospitality but also to business owners and managers in general. The book's emphasis on the direct impact of operational decisions on profits proves pivotal for success across industries. Through practical scenarios and thoughtful questions, the outlined methodology aids readers in enhancing their foresight and making informed choices in a logical manner. While a quick read, in my opinion, its implementation can yield high-performance results that optimize a business's operational strategies. By S. Athenson, Owner -Chef Athens on Easy Street, Carefree AZ 5.0 out of 5 stars Guide to excellence. Expense Loss builds like a good book. You get an understanding of Jim's 50 years in the industry. From ""Why this Began"" to Chapter 15 ""Learnings from an actual EL Review."" You understand some of the pitfalls we all fall into and also helps us focus on observations from the customer side as well as from Jim's side and his professional eye. I presented the book to our management team as a mandatory read, no matter how experienced a restaurateur you are ""Focusing on Expense Loss"" is must read! Andrew Ries, CPSL CPSL 4.0 out of 5 stars I literally ate this book. Bought it yesterday, finished today. There is a lot to unpack here but a near perfect guide to helping owners and operators understand their constraints and how to discover and correct them. It was very reminiscent of The Goal by Eliyahu Goldratt that introduced the theory of constraints in production nearly 30 years ago. Chapter 13 and 14 were a great one. They highlighted some of the attributes of a good Food Service Company/Sales Representative. Kristen 5.0 out of 5 stars Very informative Great read! I found it very informative and this book should be a map for new and old restaurant owners alike. Great solutions to problems that arise in everyda"

Janet Irizarry 5.0 out of 5 stars Jim Lopolito's restaurant industry expertise provides valuable insights, catering not only to newcomers and seasoned professionals in hospitality but also to business owners and managers in general. The book's emphasis on the direct impact of operational decisions on profits proves pivotal for success across industries. Through practical scenarios and thoughtful questions, the outlined methodology aids readers in enhancing their foresight and making informed choices in a logical manner. While a quick read, in my opinion, its implementation can yield high-performance results that optimize a business's operational strategies. By S. Athenson, Owner -Chef Athens on Easy Street, Carefree AZ 5.0 out of 5 stars Guide to excellence. Expense Loss builds like a good book. You get an understanding of Jim's 50 years in the industry. From ""Why this Began"" to Chapter 15 ""Learnings from an actual EL Review."" You understand some of the pitfalls we all fall into and also helps us focus on observations from the customer side as well as from Jim's side and his professional eye. I presented the book to our management team as a mandatory read, no matter how experienced a restaurateur you are ""Focusing on Expense Loss"" is must read! Andrew Ries, CPSL CPSL 4.0 out of 5 stars I literally ate this book. Bought it yesterday, finished today. There is a lot to unpack here but a near perfect guide to helping owners and operators understand their constraints and how to discover and correct them. It was very reminiscent of The Goal by Eliyahu Goldratt that introduced the theory of constraints in production nearly 30 years ago. Chapter 13 and 14 were a great one. They highlighted some of the attributes of a good Food Service Company/Sales Representative. Kristen 5.0 out of 5 stars Very informative Great read! I found it very informative and this book should be a map for new and old restaurant owners alike. Great solutions to problems that arise in everyda

Author Information

Jim Lopolito is a long-term professional in the hospitality industry with experience in private clubs, restaurants, catering, hotels, cafés, and the theater industry. Lopolito is an operations and logistical architect. He sees and locates what others miss, and he readily develops solutions that progress a business. Lopolito reports on-site and quickly begins ascertaining a direction. If you want to see someone in action, look no further. If you want to learn about your company and locate hidden profits, Lopolito will show you the way. Jim has held numerous leadership positions in guiding operations, accounting procedures, property management, and achieved his Certified Club Manager ""CCM"" (CMAA) and Certified Executive Chef ""CEC"" (ACF) credentials during his tenure. Jim's experience also includes 10 years of Stage and Concert Production Management working with some of the top-name talents in the industry. Jim founded Lopolito Hospitality Consultants, Corp. in 2014 and is an avid writer on hospitality interests.

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