Restaurant Financial Statement: Sample & Analysis
7:37
Restaurant Financial Statement: Sample & Analysis
659 viewsOct 11, 2022
Study.com
As a restaurant owner, you know that managing your finances is critical to the success of your business. But with so many different accounts and expenses to keep track of, it can be difficult to know where to start. In this video, I finally demystify restaurant financials by breaking down the differences between cost of goods sold, sub-accounts, and direct operating expenses. I answer questions like… When is merchandise a CoGS? Why can I track draft and bottle beer but not chicken and beef? Shou
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