TheFork recently brought together hospitality professionals for Passion to Profit: How to Run Your Restaurant Like a Business, hosted at our London office inside Tripadvisor HQ on Monday 27th April. The event focused on helping operators take a more strategic, data-driven approach to running successful venues, while creating space for networking and knowledge sharing among industry peers.
Across three expert-led sessions, attendees explored practical ways to improve profitability, streamline operations, and unlock new revenue opportunities without losing sight of what makes hospitality unique
Driving Profit Through Better Financial Control
Restaurant Financial Management - Understanding the 3 Levers That Drive Profitability
Presented by Hussein Ahmad, Viewpoint Partners
The event opened with a deep dive into the three core levers of profitability: sales, cost of sales, and staff costs. Attendees gained a clearer understanding of the metrics that matter most, and how even small, consistent improvements across these areas can significantly impact overall performance.
The session reinforced a simple but powerful idea: stronger financial visibility leads to better decision-making and more sustainable growth. Real-world examples helped bring these concepts to life, giving operators a clearer path to applying them in their own businesses.
👉 Learn more about Viewpoint Partners
Tightening Operations to Protect Margins
Follow the Money: Stock & Inventory Management
Presented by Malcolm Muir, Consultancy Director at Venners
Next, the focus shifted to operational efficiency, highlighting where profit is often lost in day-to-day restaurant activity. From stock management and ordering to preparation and service, attendees were guided through practical ways to reduce waste and increase accountability across their teams.
By implementing structured processes and tighter controls, operators can identify risks and plug gaps to protect their margins and build more resilient, efficient businesses. The session emphasised the importance of focusing on the top line to reduce the gaps, specifically looking at six specific areas:
- Ordering protocol
- Delivery checking
- Stock security and storage
- Internal stock distribution
- Product preparation
- Preparation loss and wastage.
Unlocking Revenue with Data and Technology
4 Levers to Optimise Your Restaurant's Revenue
Presented by Reeda Ahmed, Senior Product Expert at TheFork
The final session explored how data and technology can be used to drive smarter, more profitable decisions. Attendees discovered how to better forecast demand, fill empty tables, and reduce costly no-shows, all while improving the overall guest experience.
The key takeaway was clear: when used effectively, data is not just informative, it is a powerful tool for driving incremental revenue and long-term growth. Practical examples showed how restaurants can take immediate action using the tools already available to them.
Events like Passion to Profit are designed to give restaurant operators practical, actionable insights they can apply immediately. Whether it is improving financial control, tightening operations, or leveraging technology, the opportunity to run restaurants more like high-performing businesses has never been clearer.
Keep an eye out for future events from TheFork, where we will continue to share insights, strategies, and tools to help you grow.
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