You are working for a popular sports restaurant that has five branches. Your bos

Question

You are working for a popular sports restaurant that has five branches. Your boss has asked you to plan a worksheet to show results for drinks, meals, games, and souvenir sales. You are not creating the worksheet at this time. Using estimates, you will create the worksheet for Sports & You. You decide to add totals and averages. You also want to include a chart to compare your revenues.

What steps would you use to create your estimates? Based upon your knowledge of restaurants, do you think seasonal sales would be different, and if so, why? How could you chart the information to show the comparisons? Which chart would be the best to use?

Explanation / Answer

Correctly estimating your potential restaurant sales is a crucial part for you at such a situation. You must have a base number knowledge of how much money you think you'll bring in (by drinks, meals, games, and souvenir sales)on a daily, monthly, and yearly basis.and then everything you need to estimate is revolves around these numbers.

To Estimating upto a great extent you have to look at Your Turnover Rate

If your waiters or servers make note of table numbers when your guest checks, this can also help you determine table turnover rate by which you can easily estimate your sales.

If we considered seasonal sales scenario then yes this will also impact your sales as seasonal sales have direct impact on mood and taste so the figures of revenue may also change if we considered seasonal sales .

Charting and Estimating Your Sales

Chart your estimated restaurant sales of drinks, meals, games, and souvenir by month to include the information in your restaurant business plan. For the same purpose you can use spreadsheets, including numbers from previous sales on which you can easily base your estimates. if you have 85 seats in your restaurant and you turn seating twice per shift and your   historically average checks of $30, this equals average revenues for that shift of $3,000: $30 x two x 85.

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