How to Read a Restaurant Profit and Loss (P&L) Statements
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JULY 5, 2024
Components of a restaurant P&L statement Your P&L contains a lot of helpful data, including: Revenue Cost of goods sold (COGS) Operating expenses Prime cost Gross Profit Gross Profit Margin Net Profit/Loss Knowing the numbers and their implications for your business sets you on the path to sustainable financial success.
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