Full-Service System Setup, Training, Integration and On-Going Management
With 24-7’s Custom Accounting Service you gain full-service system setup, training, integration and on-going management of your accounting systems. You can increase your profit levels by controlling daily costs and revenues and eliminating duplication work freeing managers to spend more time generating sales and managing performance.
Reports Target Four Main Areas of Profit Picture:
Inventory control is the combination of tools, procedures and reports to ensure that inventory is used as intended.
Inventory Control Elements
Attain maximum efficiency of staff without compromising service. To control labor, a restaurant must accomplish 3 tasks:
Two goals of sales control – Revenue Control and Effective Selling
Revenue Control ensures that customer orders result in appropriate revenue.
Properly setup and maintained POS is a great revenue control tool. Daily sales reports and analysis will highlight problems in the POS control.
Effective Selling maximizes profit by pricing properly and selling the menu.
Effective selling requires an understanding of sales mix and menu item profitability. With our integrated recipe costing, you have updated costs for all your menu items and a full sales mix and purchasing history allowing you to do sales analysis for any period you wish.
Operating expenses are controlled by comparing actual expenses to budgets. Budget items should consider the following variable and fixed components.