Cash Flow Budget for Restaurants in COVID
Going forward, as states and cities open up with varying restrictions, it’s very important for a restaurant owner to have a 12-week cash flow budget. Unlike an annual budget where you are looking to create a plan to be profitable, your 12-week budget is all about survival.
To create your 12-week cash flow budget, here’s the process:
- Look at a typical month. What are your sales? How are those sales broken up by sales categories? What are your current salaries and wages, including...
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