Restaurant Profits Can Be a Simple Math Problem
By Fred Langley Oh how I wish achieving profitability was only a simple math problem. But the real issues that hold restaurant owners back from achieving their desired profitability are mostly [...]
Profit vs Cash
By David Scott Peters Restaurant Tip of the Week Fatal Error Often restaurant operators make this fatal error when it comes to the operation of their business: thinking that when the profit and [...]
Tools for restaurant financial analysis – Part IV
By David Scott Peters Restaurant Tip of the Week Payback period The payback period is the number of years it takes to recover the initial investment and is calculated by counting the number of [...]
Tools for restaurant financial analysis – Part III
By David Scott Peters Restaurant Tip of the Week Return on sales (ROS). The ROS ratio indicates both the profitability and the risk level of the restaurant. The calculation is completed by [...]
Tools for financial analysis – Part II
By David Scott Peters Restaurant Tip of the Week Return on equity (ROE) This ROE ratio is used to determine if an owner’s investment into the business is attractive or not. The calculation is [...]
Tools for restaurant financial analysis – Part I
By David Scott Peters Restaurant Tip of the Week Know your current ratio The current ratio gives a good indication of the financial stability of the restaurant. The calculation is performed by [...]
Know Your Restaurant’s Numbers
By David Scott Peters Restaurant Tip of the Week Ignorance is not bliss When it comes to your restaurant’s money, learn to read the key financial documents, such as your balance sheet. One side [...]
Demystifying Restaurant Financial Statements – Part 3
By David Scott Peters Restaurant Tip of the Week There are three basic tools/reports you need to understand when it comes to demystifying financial statements. They are the balance sheet, the [...]
Demystifying Restaurant Financial Statements – Part 2
By David Scott Peters Restaurant Tip of the Week There are three basic tools/reports you need to understand when it comes to demystifying financial statements. They are the balance sheet, the [...]
Demystifying Restaurant Financial Statements – Part 1
By David Scott Peters Restaurant Tip of the Week There are three basic tools/reports you need to understand when it comes to demystifying financial statements. They are the balance sheet, the [...]
