Prepare a management report
Prepare a short report (4-5 page) to management outlining the following information.
Positive and negative budget variations indicated in monthly and quarter analysis reports and profit and loss statement that are significant enough to affect the operation of the bistro and its profitability. Report on each significant area
- Revenue
- Cost of Sales
- Gross Profit
- Expenses
- Net Profit / loss
Possible reasons for the positive or negative variations and trends.
Any recommendations for the area
Trends identified in the trend analysis report that have the potential to affect the bistro's profitability in the immediate future
Base the report on the following information
- Profit and loss statement
- Trend analysis report
- April, May and June comparative analysis reports
Factors for consideration in the preparation of financial and statistical reports:
- Performance of department, project and/or products and services
- Daily, weekly and monthly transactions
- Variances in income and/or expenditure
- Sales performance
- Sales returns
- Staff costs
- Cash flow
- Covers and financial return
- Expenditure
- Income
- Occupancy rates and financial return
- Stock levels, wastage, yields
Attachment:- Assignment.rar