News

Unveiling the Power of KPIs: Measuring Business Performance [Infographic]

Key Performance Indicators (KPIs) are essential tools for measuring a restaurant’s financial health. Two crucial KPIs are Labor Cost and Cost of Goods Sold (COGS). Labor Cost tracks the percentage of sales spent on staff, while COGS measures the direct costs of ingredients and beverages. Explore how these KPIs, along with other crucial metrics cam help restaurants set goals, track progress, and make informed decisions to improve profitability and efficiency.