Brewing Success in Hospitality: Unveiling the Numbers Game with Ivan Brewer From Peiso

In today's episode, Phil talks with Ivan Brewer, the brain behind Peiso, a platform designed to provide real-time insights into business performance. This episode delves into the essence of understanding business numbers, the anticipated trajectory of the hospitality industry, and how Peiso is carving a niche in aiding businesses navigate through the numbers maze.

Episode Highlights 🌟

• Mastering the Numbers: The Keystone of Profitability and Goal Alignment  📊The paramount importance of understanding and monitoring business numbers to drive profitability and align operations with business goals.
• Navigating the Tides: Predicting the Hospitality Industry's Contraction and Ensuing Boom  📈Predictions on the contraction and subsequent boom in the hospitality industry, urging business owners to 'get fit' by adjusting their operations to survive and thrive.
• Peiso Unveiled: Your Companion for Real-Time Business Performance Insights 🖥️ Introduction to Peiso, a subscription-based platform providing real-time insights into business performance, aiding in better decision-making.
• Peiso's Evolution: Bridging the Analytical Gap with Natural Language Queries and Enhanced Analytics 🔄 The evolution of Peiso to include natural language queries and enhanced analytics, aiming to become an indispensable tool for hospitality business owners.
• Embracing Change: Refreshing Your Approach and Harnessing Peiso for Elevated Business Insight  🔄 Advice for business owners on refreshing their approach, being open to change, and utilising tools like Peiso to gain better insights into their business performance.

🌟 Key Takeaways:

Understanding Business Numbers

 It's crucial to understand and monitor business numbers to drive profitability and align operations with business goals.

   

Industry Predictions
  A contraction in the hospitality industry is predicted, followed by a boom, urging businesses to adjust operations to survive and thrive.

   

Introduction to Peiso

Peiso is a subscription-based platform providing real-time insights into business performance for better decision-making.

   

Peiso's Evolution

 Peiso is evolving to include natural language queries and enhanced analytics, aiming to become an indispensable tool for hospitality business owners.

   

Advice for Business Owners 

Refreshing the approach, being open to change, and utilizing tools like Peiso are advised for gaining better insights into business performance.

   

Customer Spending Trends

A shift in customer spending trends presents an opportunity to increase profit margins on lower-priced items.

   

Tech Stack Importance

Having the right tech stack is essential for gaining valuable insights and making informed decisions to improve business performance.

📣Call to Action

- Dive deeper into understanding your business numbers; it's the compass to navigating through the stormy waters of the hospitality industry.

- Explore the features of Peiso and how it can become a game-changer in understanding your business performance.

- Prepare your business for the anticipated boom in the hospitality sector by making informed decisions today.

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Have questions or topics you'd like us to cover? Reach out to us at https://www.coffeecommune.com.au/contact/](https://www.coffeecommune.com.au/contact/. Enjoy this episode and as always, thanks for listening.

- Peiso Platform](https://www.getpeso.com/

- Bean There, Done That! Podcast: https://www.coffeecommune.com.au/the-new-bean-there-done-that-podcast/

- Contact The Coffee Commune: https://www.coffeecommune.com.au/contact/

🎧 Produced by The Podcast Boss

#HospitalityIndustry #BusinessNumbers #PeisoPlatform #BeanThereDoneThat #PhilDiBella #IvanBrewer #BusinessInsights #HospitalityBoom