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  <title>80/20 Kitchen - Notes</title>
  <link>https://8020.kitchen/notes/</link>
  <description>Short pieces on underwriting restaurants as an asset class.</description>
  <item>
    <title>How much money should a restaurant make?</title>
    <link>https://8020.kitchen/notes/how-much-money-should-a-restaurant-make/</link>
    <guid>https://8020.kitchen/notes/how-much-money-should-a-restaurant-make/</guid>
    <pubDate>Fri, 04 Sep 2026 09:00:00 -0700</pubDate>
    <description>Three to five per cent is the number in circulation. It is the margin of flying without instruments. Here is what one operation built against a ceiling made in its first year - the good year and the ugly half that followed.</description>
  </item>
  <item>
    <title>Why is my restaurant busy but not making money?</title>
    <link>https://8020.kitchen/notes/why-is-my-restaurant-busy-but-not-making-money/</link>
    <guid>https://8020.kitchen/notes/why-is-my-restaurant-busy-but-not-making-money/</guid>
    <pubDate>Tue, 25 Aug 2026 09:00:00 -0700</pubDate>
    <description>The dining room is measured to the minute; the money is measured nowhere. The distance between those two facts is usually the whole answer.</description>
  </item>
  <item>
    <title>How fast should a fast-casual kitchen be?</title>
    <link>https://8020.kitchen/notes/how-fast-should-a-fast-casual-kitchen-be/</link>
    <guid>https://8020.kitchen/notes/how-fast-should-a-fast-casual-kitchen-be/</guid>
    <pubDate>Mon, 24 Aug 2026 09:00:00 -0700</pubDate>
    <description>The only compliment worth chasing, and the fulfilment record behind it.</description>
  </item>
  <item>
    <title>The ceiling is the point</title>
    <link>https://8020.kitchen/notes/the-ceiling-is-the-point/</link>
    <guid>https://8020.kitchen/notes/the-ceiling-is-the-point/</guid>
    <pubDate>Sun, 23 Aug 2026 09:00:00 -0700</pubDate>
    <description>Why a firm would name itself after a number it did not hit in year one - and publish the distance.</description>
  </item>
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