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Restaurant P&L Table. Add all amounts from food and beverage sales to get your total revenue per week. Add all numbers in COGS from each week to get this number. Subtract Total COGS from TOTAL for that week to get Gross Profit.
5 Key Elements of a Financial Analysis Revenues. Revenues are probably your business's main source of cash. ... Profits. If you can't produce quality profits consistently, your business may not survive in the long run. ... Operational Efficiency. ... Capital Efficiency and Solvency. ... Liquidity.
For a restaurant, divide cost items by sales to get a percentage. Then compare the result to an industry standard percentage to see if you are doing better or worse. This should be done especially for the prime costs, which are the costs of food, beverages, and labor.
Restaurant financial statements are formal documents that summarize the business activities of a restaurant. They give owners, investors, and advisors an outlook of a restaurant's financial position.
Subtract Total COGS from TOTAL for that week to get Gross Profit. Add all numbers in Operating Costs from each week to get this number. Add Labor Cost and Total Operating Cost for that week; subtract that number from Gross Profit for that week to get Net Profit/Loss.
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Gross Profit The resulting gross profit represents the money available to put towards paying off fixed expenses and profit. To calculate gross profit, subtract the total cost of goods sold during a specific time period from your total revenue (the total sales of food, beverages, and merchandise).
A restaurant profit and loss statement (also known as an income statement, statement of earnings, or statement of operations) is a management tool used to review the total revenue and expenses of a business in a given period of time. At its most basic level, a P&L reflects costs that are subtracted from sales.
How to conduct a strategic financial analysis Compare your forecast to your actuals monthly. ... Identify where you're off track or exceeding projections. ... Review your Income statement (profit and loss or P&L) ... Analyze your cash flow statement. ... Review your balance sheet.

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