Why You Need A Weekly Budget

1. Provides hours worked guidelines for staffing.

2. Provides Short-term and long-term guidelines for purchasing.

3. Provides a quick method of evaluating management.

4. Assists in detecting possible employee theft.

5. Establishes a basis for implementing discounted sales programs.

6. Provides quick financial results for evaluating any new discounted sales programs.

7. Monthly and/or annual budgets are difficult to quantify into useful information for managers.

8. A One-week period is a natural accounting in a restaurant.

9. Because of the high volatility if restaurant sales and costs, you need to have budget information weekly to accurately monitor results.

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