Steaming Up Restaurant Profitability. By Georgie Desailly
What drives restaurant profitability in today’s age? This is the sector’s biggest question, and one that Restaurant Profitability Expert and industry thought leader, Ivan Brewer, has dedicated his career to solving. With over 25 years’ experience managing several multinational companies in the hospitality and innovation spaces, Ivan is now in the process of launching the world’s first hospitality profit software that is set to revolutionise how the sector operates post-COVID-19. After suffering a severe spinal cord injury four years ago, Ivan was unable to return to working directly in venues, and instead turned his attention to developing a solution to the problems he identified whilst working as a manager in the sector. “My life changed when I had emergency spinal surgery, and whilst I started consulting businesses on profitability, I grew frustrated by the lack of impact and reach I was achieving,” he explains. Peiso profitability software integrates venue rostering, accounting and point-of-sale (POS) to offer businesses advice on how to increase profit margins and manage labour forces. Thanks to his recent
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FOUNDER IVAN BREWER
completion of the 16-week StartUp Onramp preaccelerator course facilitated by Smart Precinct NQ, Ivan has found product market viability and is in the process of securing investment. “Peiso is a profit-first hospitality software that tells venues how to manage their purchasing and labour spends to maximise profitability,” he explains. “As a first of its kind software, the feedback from beta testers has been extraordinary, describing
