Revenue Hub
OCTOBER 23, 2023
To meet business objectives and drive higher revenue and profitability, there are new considerations that today’s revenue managers must account for in their strategic planning. Many of these sustainability efforts provide cost reduction benefits as well.
Synergy Suite
NOVEMBER 2, 2023
You can determine labor cost percentage per day, week, month, or even year with a simple formula. Here’s another example with real numbers: If your restaurant paid employees $4,000 in a week and brought in $10,000 in revenue, a labor cost percentage calculation would be as follows: 4,000/10,000=.4
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