Week 6 Discussion Form Restaurant Management

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Primary Task Response to Discussion Forum: Within the Discussion Forum area, write in no less than 150 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

You are currently the general manager for a well-known restaurant chain throughout the country. A regional supervisor has asked you to explain the importance of pre- and post-analysis of a profit and loss statement.

  • Explain a Financial Statement
  • Identify how and why the data should be analyzed and what should be done with information obtained.
  • Explain a pre- and post-analysis of a profit and loss statement.
  • Explain how this information is used regarding budgeting, actual figures, and the variances.