Operating A Profitable Restaurant

Successfully closing out a period starts the domino effect for proactively operating a restaurant versus missed opportunities in the following periods. The Period End Financial Close purpose is accuracy verification to highlight where your money is going. This enables you to make quicker, more educated business decisions.   To close out a period, begin with a review of the financial statements; The Profit & Loss Statement, The Balance Sheet, and Cash Flow Statement. Within each statement, defined areas of focus should pop out to an operator as a must-watch for success. Throughout this webinar, we will review a few key items to concentrate on when conducting a Period End Financial Close: Capital Expenditures & Preopening Expenses. As a bonus, we’ll run through some additional restaurant accounting tips to assist with better financial practices for your business. Read the full Blog Post: https://rasiusa.com/blog/restaurant-accounting-tips-capital-expenditures-and-preopening-expenses/ Watch the