104. Restaurant Break even Point in 3 MINUTES | Restaurant Owner Tip
Episode description
The Ultimate Restaurant Marketing Guide and all our FREE Resources at https://www.makingdoughshow.com/resources
As a restaurant boss, you must know how to calculate the break-even point of your restaurant.
One of the problems we encountered when we purchased our first restaurant was we did not realize how to read the P and L, and we were unaware of how to assess based on the gross sales.
If you are planning to open a restaurant, or you are already in this business, you must understand these numbers.
Today, I'm going to show you a simple Math formula on how to calculate your break-even point. This way, you can conduct a restaurant cost analysis in 3 minutes! Based on your fixed costs, you can identify your gross sales to hit your break-even point.
If you are interested in this video because you are planning to start a restaurant, my Making Dough Show episode on "How to Open a Restaurant With No Money" will also help you set your marketing strategy for your restaurant. Please watch it here: https://youtu.be/urjXmzLOqH4
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