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Once you have that information, we’ll share what to look for in revenue data, common trends, and the importance of comparative analysis. Understanding your revenue data is essential for making informed decisions. dine-in, takeout, delivery, catering) contribute the most to revenue Recognize trends related to seasons and holidays.
Next, assign them to one of these categories: Stars: High profit, high popularity Plow-horses: Low profit, low popularity Puzzles : High profit, low popularity Dogs : Low profit, low popularity Your POS sales data will provide you with the information you need to classify your dishes according to these four categories. The solution?
It includes income from food and beverage sales, as well as any other sources of revenue, such as catering or merchandise. But you can also focus solely on the efficiency of your labor on sales by making the same calculations using only food sales. Identify trends and areas for improvement, and adjust your strategies accordingly.
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