COST ANALYSIS
RESTAURANT FOOD, BEVERAGE AND LABOR COST
One of the worst things consultants often observe is the poor shape your operation is in. The financial burden of running a distressed operation is worrisome and draining. This is why we are here to help. We utilize our experience in the industry to make your life easier and restaurant more profitable.
Our approach to Cost Analysis is similar to that of an auditor. Anyone can look at the financials and tell you that you are losing money. We will review your financials and find out why you are either losing money or are not making more.
FOOD COST
You will work with our chef consultants to develop standardized recipes that are fully itemized and also, account for all waste
BEVERAGE COST
We will analyze your bartenders pours and beer tap system; this will confirm you are making the right money in the most profitable area of this industry.
LABOR COST
We will speak with management to ensure their scheduling practices and numbers really match up.
THEFT AND INTERNAL CONTROLS
We will review all of your procedures and determine where the opportunity to steal is in your operation. We can even send spotters into your operation to find those employees who are taking your hard earned dollars.
INVENTORY ANALYSIS
Having a proper understanding of inventory and sales cycles are incredibly important for businesses of any size. Having too many or too few of an item in stock can tie up cash flow or lead to constant sellouts and consumer disappointment. In order to best serve their bottom lines and consumers, business should keep consistent and accurate records of their inventory.
In addition to Machinery and Equipment appraisals, the team at Santoro Hospitality can serve businesses by offering Inventory Analyses. Our analyzers can take into account different ordering strategies and evaluation techniques to appropriately assess each client.
For our team, no inventory analysis is the same as any other, each is completely individualized to the clients’ business, industry, cashflow, inventory and goals.
If you would like to learn more about how Santoro Industries can serve your business with an inventory analysis, please email us at santoroindustries@gmail.com