Test out Rezku POS
Talk to an expert! Get your free consultation now.
Get the free report on how to find the best POS
What are KPIs
KPI stands for Key Performance Indicator
They are crucial metrics to help you determine the health of your business.
There are lots of operational metrics that qualify as KPIs but the ones that are considered the most important are those that relate to your primary costs and gross sales.
This calculator helps you identify those KPIs.
KPIs are a way to get an overview of your restaurant or bar’s performance. The goal of every business is to generate a profit. KPIs help you hit certain goals tied to profitability.
How Established Restaurants Use KPIs
Established restaurants need to keep a close watch on how resources are being used to ensure long-term profitability and to make sure that partners and investors are seeing a worthwhile return on their investments.
How Startup Restaurants Use KPIs
Startup restaurants use KPIs in their business plan to entice investors and to show how quickly they can repay loans. KPIs also help you plan ahead when making projections, for costs, cashflow and more.
This simple KPI calculator will show you just how much you should be spending in three primary cost areas. These are the most important areas of cost to watch because they largely determine whether your restaurant or bar can keep the doors open long term.
To use the KPI Calculator, answer 6 simple questions about your business or use projected data from your business plan.
The KPI Calculator helps Restaurants and Bars answer these questions:
How much should you spend on food/beverage per month?
How much should you spend on rent/building costs per month?
How much should you spend on hourly labor per month?
Certified Class-8 American Vendor
Guest Innovations, Inc.
Guest Innovations has achieved the highest class certification of American Ingenuity and is verified as fully US-based.
Rezku is a trademark of Guest Innovations, Inc. “Making Restaurants More” is a service mark of Guest Innovations, Inc. iPad, iPhone, and iPod Touch are the trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple, Inc. Android is a registered trademark of Google. Windows is a registered trademark of Microsoft. Other logos & trade names are the property of their respective owners. Use of Rezku POS and this website are subject is subject to Terms of Use and Privacy Policy.
Copyright © 2020 Guest Innovations, Inc. All Rights Reserved.