1In a measuring cup, combine 1 cup of ketchup, 2 tbsp of brown sugar, 1.5 tsp of honey, 1 tbsp of soy sauce, 1 tbsp of Worcestershire sauce, 1.5 tsp of salt, 1.5 tsp of black pepper, and 1 tsp of liquid smoke.
2Transfer the mixture to a small saucepan.
3Bring the mixture to a boil, then reduce the heat to the lowest setting.
4Simmer for 20 minutes, stirring occasionally.
5Let it cool and store in an airtight container in the fridge for up to a month.