If you have anything to do with the financial success of your restaurant, knowing how to read and analyze a restaurant profit and loss (P&L) statement is a necessary skill.
Understanding reports and key metrics helps you run a successful and profitable restaurant. We discuss the importance of store level managers learning how to navigate the murky waters of financials. Think of it as a “Restaurant P&L 101.”
During this webinar we cover how to:
- Use data from your P&L to schedule strategically
- Analyze sales per labor hour (SPLH) data to optimize your labor spend
- Order inventory at the correct levels
- Create a data-driven culture in five steps
- Track other metrics that are important to profitability
