{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Arrive: Strategy for Independent C-Store Owners","title":"WASTE NOT, WANT NOT (THE CASH DRAIN)","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/415889e0\"></iframe>","width":"100%","height":180,"duration":182,"description":"Show Notes (Arrive Version)\nEpisode Title: Waste Not, Want Not: The Cash Drain (Episode 90) \nEpisode Description: Spoilage is a direct reduction of your business valuation. In this episode of Arrive, Mike Hernandez explains how Independent Owners must implement strict financial controls to stop daily food waste from destroying their cash flow. \nWhat You Will Learn:\nThe Cash Drain: How twenty dollars a day in waste equals seven thousand dollars a year in lost cash.\nMandating the Review: Why Owners must require their Store Managers to submit the spoilage log weekly for financial review.\nMenu Optimization: How to use the waste data to completely remove unprofitable items from your store inventory.\nBusiness Management: Mike shares his early experiences analyzing the graveyard shift trash to understand profitability. Resources & Links:\nDownload the Annual Spoilage Cost Calculator: Text the code word PROFIT to 9 5 6 - 8 9 7 - 9 1 9 2.\nRecommended Listen: Dive: Episode 79.","thumbnail_url":"https://img.transistorcdn.com/uFAarIX_QLHAiERgwyWZ8KgxDVZrCM_S-E85F3VnNcg/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9hMzM2/MzI3M2Q2YzVlZDU1/MThmYjBjZGNiOGJk/OTRiYi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}