November 23, 2017
95% of bar/restaurant owners rely on pour cost percentage from their liquor inventory to determine the financial status and health of their bar.
There's nothing wrong with that, but I'm here to tell you that cost percentage is not the holy grail to determining what's going on in the trenches. Variance percentage is.
Find out why in this video where I explain to you:
1) the difference between cost percentage and variance percentage
2) why cost percentage has its limitations, and
3) why using variance percentage can save you $1,000's per month.
Cheers, until next time,
THE FACE-OFF: COST % VS. VARIANCE %
Tags:pour cost percentagewhat is variance percentageliquor inventorybar inventorybar inventory appliquor inventory appliquor inventory systemalcohol control systemrestaurant inventory appbar inventory softwareliquor inventory software