Skip to main content

#profit-margins

Profit Margins

Calculate, benchmark, and improve profit margins across your business

68 postsView all tags
Restaurant Prime Cost: Why Weekly Tracking Beats the Monthly Close
·mike

Restaurant Prime Cost: Why Weekly Tracking Beats the Monthly Close

Prime cost combines food, beverage, and labor as a percentage of sales—target 55–60% for quick-service and 60–65% for full-service. Tracking it weekly instead of monthly catches portioning and scheduling problems within seven days, while a 4% food cost variance on $1M in sales quietly costs $40,000 a year.

small-business
profit-margins
cost-of-goods-sold
Weekly Prime Cost Tracking for Restaurants: Hit the 55–65% Benchmark and Catch Margin Leaks Before Month-End
·mike

Weekly Prime Cost Tracking for Restaurants: Hit the 55–65% Benchmark and Catch Margin Leaks Before Month-End

A working operator's guide to calculating restaurant prime cost every seven days, the 55–65% benchmark by service segment, the five leaks weekly tracking surfaces first, and the bookkeeping setup the cadence requires.

restaurant
cost-of-goods-sold
profit-margins
Activity-Based Costing and TDABC: A Practical Guide to Customer and SKU Profitability
·mike

Activity-Based Costing and TDABC: A Practical Guide to Customer and SKU Profitability

Activity-Based Costing replaces volume-based overhead allocation with cause-and-effect cost drivers, revealing which customers and SKUs actually pay and which silently lose money. This guide explains how ABC and its modern successor TDABC work, the five implementation steps, and why roughly 20% of customers and 30–40% of SKUs often destroy value.

cost-management
expense-allocation
profitability
How to Read Your Income Statement: A Complete Guide for Small Business Owners
·mike

How to Read Your Income Statement: A Complete Guide for Small Business Owners

Your income statement reveals whether your business model actually works—not just whether the bank balance is positive. Learn every line item from revenue to net income, how to calculate all three profit margins, and how to spot cost trends before they compound.

financial-statements
small-business
accounting-basics
Profit Margin: The Complete Guide for Small Business Owners
·mike

Profit Margin: The Complete Guide for Small Business Owners

Learn how to calculate gross, operating, and net profit margins, what counts as a healthy margin by industry, and six proven strategies to improve your bottom line.

profit-margins
profitability
small-business
The Income Statement Explained: A Complete Guide for Small Business Owners
·mike

The Income Statement Explained: A Complete Guide for Small Business Owners

A line-by-line breakdown of the income statement for small business owners — covering revenue, COGS, gross profit, operating income, and net income, plus key ratios and the five most common mistakes that distort results.

small-business
financial-statements
accounting-basics
How to Calculate Profit Margin: The Complete Guide for Small Business Owners
·mike

How to Calculate Profit Margin: The Complete Guide for Small Business Owners

Gross, operating, and net profit margin explained with formulas, industry benchmarks, and worked examples—so small business owners can measure and improve true profitability.

profit-margins
profitability
small-business
Revenue vs. Profit: What's the Difference and Why It Matters for Your Business
·mike

Revenue vs. Profit: What's the Difference and Why It Matters for Your Business

Your business pulled in $500,000 last year—but did you actually make money? Learn the critical difference between revenue and profit, the three types of profit you must track, and how to improve your margins.

accounting
small-business
financial-management
Showing 61–68 of 68 posts
Prev6 / 6