Whitepaper
Annual restaurant benchmarks report
Industry key performance indicators
To stay competitive amidst rising food costs, employee turnover rates, changing consumer habits and other market factors, it’s essential to understand how your restaurant’s metrics stack up against industry standards. It is also important to understand the different operational and financial parameters used to measure your restaurant's ability to succeed.
Baker Tilly’s restaurant benchmarks report compiles key operational and financial data from restaurants across the U.S. By analyzing your restaurant’s data against the industry standard, you can better identify specific areas for improvement and make more informed, proactive business decisions.
Download the report to access key industry metrics, including:
- Food cost percentage
- Store labor percentage
- Debt service coverage
- Effective interest rate
- Sales to investment
- And other key areas
Each restaurant is unique and not every guideline will relate to every business. For help in determining which benchmarks are appropriate for you, contact Baker Tilly restaurant specialists.
Should I franchise or grow organically?
For successful restauranteurs, the desire to grow is usually strong at some point. Growth brings opportunities and potential financial gains, but also challenges. In order to minimize risk and maximize the rewards associated with growing the number of restaurants one has, they must first determine how best to achieve that growth.
Overcome key challenges to grow your restaurant business
For most restaurant owners, the urge to grow comes along at some point. The pursuit of growth can bring great rewards, but usually comes with great challenges as well. What are those key challenges and how do you overcome them? Well, the answers to that depend upon where your starting point is as you contemplate growing your restaurant business.
