Blogs about: Gross Profit

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Is it a good idea to shrink our Italian restaurant's menu by 15-30%?

We currently have 60 entrees and 24 soup/salad/apps. We are known for our pizza, so we have a full pizza section which includes 6 sizes, 2 types of dough, 33 toppings, calzones, strombolis, 6 specialt… more →

O'Dell Restaurant Consulting's Weblog

Really Know Why Profit Margins Changed

Dewey Norton wrote 1 week ago: Most executives do not understand why profit margins change Your CFO has just presented the financia … more →

Tags: cost reductions, Gross Margin, Product mix, Prices, Volume, Cost, Mix

The Importance of Expressing Gross Margin as a Percentage

ianrossbrown wrote 1 month ago: In my blog entitled “What is Gross Margin (and why is it Important?)”, I discussed why Gross Margin … more →

Tags: Financial, Performance-Management, Performance Measurement, Gross Margin, Finance

Financial Metric #3: Gross Margin

Usman Sheikh wrote 8 months ago: “An important and often overlooked aspect of operational excellence is regularly comparing act … more →

Tags: Finance, Advice, Business, entrepreneur, Metrics, Industry, critical, Growth, Revenue

Financial Statements - Income Statement

Erin wrote 10 months ago: << Financial Statements – Trial Balance >>Financial Statements – Balance … more →

Tags: 5. Financial Statements, Accounting, Business, cost of goods sold, Double Entry Accounting, Financial Statements, Gross Margin, Income Statement, learn accounting

Is it a good idea to shrink our Italian restaurant's menu by 15-30%?

bodellconsulting wrote 1 year ago: We currently have 60 entrees and 24 soup/salad/apps. We are known for our pizza, so we have a full p … more →

Tags: Questions, Restaurant, Consulting, Consultant, menu mix, menu analysis, too many menu items, eliminating menu items, shrinking menu

Does this franchise restaurant have too high of food costs? — 2 comments

bodellconsulting wrote 1 year ago: Is the cost of food and supplies less when you own a franchise because of their buying power, or the … more →

Tags: Questions, Restaurant, Consulting, Consultant, food cost, Franchise, question about franchise, menu pricing

The Income Statement: The Bottom Line

DodoLovesMe wrote 1 year ago: The income statement is the one we all tend to focus our attention on because it provides the prover … more →

Tags: Balance Sheets, Business Plans, Business, Company, cash flow, profit or loss, Cash Flow Statement, assets and liabilities, Income Statement

Conversations about pricing by gross profit

bodellconsulting wrote 1 year ago: The following are excerpts from discussions I had with restaurant owners in the Restaurantowner.com … more →

Tags: Conversations, Restaurant, Consulting, Food, Menu, Consultant, Pricing, bar, Cost

Its net profit...not gross revenue that we want! — 5 comments

Donald Todrin wrote 2 years ago: Why is it that so many entrepreneurs focus on gross revenue and not net profit? The issue seems to b … more →

Tags: building profitable business orgs., solving difficult business problems, Profit, gross revenue, Bottom Line, net profit

What is Gross Margin (and why is it important?)

ianrossbrown wrote 1 month ago: When I work with clients one of the first places that I start is to understand how they calculate an … more →

Tags: Financial, Performance-Management, Performance Measurement, Gross Margin, Finance, cost of goods sold


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