Get Baker Tilly Restaurant Benchmarks

Filling out the Baker Tilly Restaurant Benchmarks form is an essential step for restaurant owners seeking to analyze their performance against industry standards. This guide provides clear instructions to help users navigate the process efficiently.

Follow the steps to accurately complete the form

1. Press the ‘Get Form’ button to acquire the form and open it in your editing tool.
2. Begin by reviewing the summary of industry standards laid out in the document. Familiarize yourself with the benchmarks that apply to your restaurant type — whether full-service or limited-service.
3. Input your restaurant's specific data into the relevant sections. Start with prime costs, ensuring that they fall within the indicated percentages relative to total sales.
4. Proceed to enter your food cost figures, making sure they align with the general range provided (28% to 32% of total food sales). Validate these figures against your current financial records.
5. Complete the alcoholic beverage costs section. Input the costs associated with different types of alcohol, ensuring that they are within the specified ranges.
6. Next, fill out the nonalcoholic beverage costs based on your sales data for soft drinks, coffee, and iced tea.
7. Enter your paper cost percentage for full-service or limited-service categories, ensuring that they align with the guidelines provided.
8. Record management salary data, ensuring that these costs do not exceed 10% of total sales for your restaurant type.
9. Input your hourly employee gross payroll and employee benefits percentages. Compare these to industry benchmarks to inform your payroll strategy.
10. Lastly, review all entries for accuracy. Once satisfied, make the necessary changes to the form. You can save the changes, download the document, print it, or share it with your Baker Tilly advisor for further insights.

Complete your Baker Tilly Restaurant Benchmarks form online today to gain valuable insights into your restaurant's performance.