Knowing Your Numbers: Seven Restaurant Metrics to Calculate

Let’s be clear - math isn’t always fun. But even in the restaurant industry, knowing how to calculate the right performance metrics is essential to staying in business.

Break even, cost of goods sold, overhead rate, employee turnover, gross profit, food cost percentage, and prime cost are just seven of the numbers you should know about your restaurant. But what are these numbers, why do they matter, and how care they calculated?

Read on for 7 key performance metrics all restaurateurs should know. Or, if math isn’t your strong suit, download the Restaurant Numbers and Metrics Calculator, which will do all the grunt work for you.

Download the Free Restaurant Numbers and Metrics Calculator.

Break Even PointYour break even point is one of the first numbers you should calculate. This number lets you pinpoint how much you must do in sales to earn back an investment. The number can then be used to forecast how long it will take to earn that money back. Break even is a must-have if…