Budget Top Line o The top line is
Budget
Top Line o The top line is your revenue or income n o This is broken down by all revenue - generating centers Total of all income percentages will equal 100%
What is in revenue? o o o Food Liquor Beer Wine Total LBW Admissions, rides, tickets, etc…
Common % o o o Food Liquor Beer Wine Total LBW 80% 10% 5% 5% 20%
Cost of Sales Revenue in each category compared with Purchases in each category
Common COS o Food 29 -33% o Liquor 20 -22% o Beer Bottled: 24 -28% Draft/Local: 22 -26% o Wine Mostly BTB: 35 -45% Mostly BTG: 22 -26% o Total LBW 21 -25%
Next line… o Gross Profits…. n Subtract Cost of Sales from Total Revenue $$
Payroll & Related Labor Expenses o Variable Payroll (18 -20% total revenue) n o Fixed Payroll (8 -10% total revenue) n o All hourly positions, broken down by category Salaried employees Other (4 -6% total revenue) n Benefits, meals, insurance, bonuses
Other Controllable Expenses o o o o Contract Labor Customer Relations Entertainment Laundry and Uniforms Office Supplies Repair and Maintenance Supplies
Supplies o o o Paper Plastic Chemicals Dishware Silverware Cooking Equipment Wood/ charcoal
Next line o Total Controllable expenses… n This line should be managements focus
Non Controllables o o o Advertising Auto Allowance Bank Fees Building Signage Chargebacks Credit/Background Check Credit Card Fees Alcohol Tax Insurance Pest Control Plant And Lawn Care o o o Postage Promotion Recipe/Food R&D Rent - Building Rent - Equipment Rent - CAM Security Software Maint. Fees Taxes/Licenses/Other Taxes - Property Telephone Utilities
Next line o Total Non-Controllables
Next line o Total Expenses n Controllable and Non-Controllable Expenses added together
Next Line o The Bottom Line Revenue minus COS & Expenses n This is your Profit/ Loss n
Project… o o Each line gone over in this slide unless it does not pertain to your establishment Each line must have a dollar figure AND percentage based on assumptions of income
- Slides: 16