THE PROBLEM
Want to make better financial decisions but don’t know where to start?
Raise your hand if you've ever asked yourself these questions:
Do you want to manage your labor effectively, improve cash flow management, identify and address problems quickly, and increase profitability but don’t know where to begin?
Is your bookkeeper expensive and slow? Stopping you from making time-sensitive decisions because you have no view of your business’ financial performance?
Do you wonder if an employee might be stealing and you don’t know how to find out “for sure”?
Are you spending way too much money on Labor? This tool will show you what you need to do to shift Labor to drive the performance you need.
The MM P&L Tool can help.
We have seen an increase in Revenue from 10-20% and a 3-5% increase in COGS Profitability just by implementing this comprehensive business tool.
What are the impacts when a food business doesn't understand their overall financial performance?
It can lead to incorrect pricing, inaccurate budgeting and employee scheduling, poor inventory management, reduced profitability, and limited ability to make informed business decisions.
Why does this matter?
Rule #1 to running a successful Food Business? Know Your Numbers. You can’t make good financial decisions if you don't know your numbers.
This will show you in “real time” if you are making money each week and what your real “break even” point is.
This will give you the information you need to confidently make business decisions including: manage your labor more effectively, improve cash flow management, identify and address problems quickly, manage costs in real time (aka before they sink you), and increase profitability.
This will show you in “real time” if you are making money each week and what your real “break even” point is.
This will give you the information you need to confidently make business decisions including: manage your labor more effectively, improve cash flow management, identify and address problems quickly, manage costs in real time (aka before they sink you), and increase profitability.
THE SOLUTION
Introducing the P&L Tool.
With this tool you will:
Ensure Daily and Weekly tracking of Sales and Prime Costs (Food & Labor) so you know what’s happening in “real time”
Drive COGS Performance:
Input invoices by category to develop historical expectations
Ability to know COGS purchases % weekly to measure results and ensure consistency
Closer inspection of invoices and posting will alert you of cost increases by item so you can proactively respond instead of getting caught off guard
Drive Labor Performance:
Ability to understand Labor $ / % by day to optimize effectiveness and efficiency
Determine best use of Labor $ to ensure money is spent to achieve the best result when you're operations are busiest
Determine best use of Labor $ to ensure money is spent to achieve the best result when you're operations are busiest
Drive YOUR performance as a leader. This gives you the discipline to understand your business which will make you a stronger, more capable professional.
What can this tool do?
Give you a comprehensive view of your business in real time.
Track Cash expected against Deposits to determine Cash Over / Short
This tool provides the opportunities to check expected cash against deposits and helps you easily identify credit card sales and check bank statements daily. If you check your bank transaction history daily, you will ensure your hard earned revenue lands in the bank (and notice quickly when it doesn’t).
If you populate Last Year's (LY) Sales, you will understand Comp Sales and whether your business is trending favorably
By using this tool, within 3-6 months you can improve Revenue and Profitably with more responsible purchasing and better deployment of Labor
TIME COMMITMENT
What's the time commitment?
Initial set up time commitment is approximately 3-5 hours for up to a $5MM Annual Revenue business.
Setup for a new month takes 30-60 minutes to populate.
Once fully populated, 1 hour a week, or 8-10 minutes per day will keep this file updated.
We encourage you to start every day with 10 minutes to update this file. You can log your invoices and populate your daily sales so you always know what's happening in your business.
This is the investment you need to make if you want to drive Savings between 3-5%+ (in a $10K / week business, this translates to $15-25K/year savings every year.)
PRICE
What's the price?
Just $199. You can download this tool now and get started today!
P&L Tool
$199
Maximize your profitability with real-time P&L insights. Make informed decisions, set accurate prices, and improve cash flow management to quickly identify and address problems.
Make informed decisions
Set accurate prices
Improve cash flow mgmt
Quickly identify & fix problems
*We strongly recommend you download and implement the other Tools to be more strategic about your COGS management - which is almost always the largest line Item expense and where you will find the most opportunities to improve profitability. Just sayin’ 🙂 We want you to win!!
CONSULTING
Need extra support?
If you need more support, that’s what we’re here for! You can check out our Consulting packages below and find the right level of support for you and your business.
Don’t see a solution or tool listed here? Reach out directly with your challenge and we’ll get the right tool in your hands - fast.
Contact us
Don’t see a solution or tool listed here? Reach out directly with your challenge and we’ll get the right tool in your hands - fast.
Appetizer Package
$999
This is a great package if you are comfortable working in Excel and feel you can confidently populate MM tools, but want to talk through strategic decisions or double check your numbers with an expert.
This package includes:
Free Mise Mode downloadable How To Design the Perfect Menu System templates
MM P&L Tool ($199 value)
2 hours of 1-on-1 consulting with a Mise Mode coach
Entrée Package
$2,999
This is our most common client package - it combines your ability to update the tools accurately with hands-on coaching support to ensure you make the most of every opportunity to improve your financial performance.
This package includes:
Free Mise Mode downloadable How To Design the Perfect Menu System templates
MM P&L Tool ($199 value)
MM Theoretical COGS MGMT tool ($149 value)
MM Master Recipe MGMT tool ($99 value)
6 hours of 1-on-1 consulting with a Mise Mode coach
Deluxe Package
$5,999
Need to implement this tool now, but with no time to make it happen? Not to worry - we can do it for you!
This package includes:
Free Mise Mode downloadable How To Design the Perfect Menu System templates
MM P&L Tool ($199 value)
MM Theoretical COGS MGMT tool ($149 value)
MM Master Recipe MGMT tool ($99 value)
15 hours to populate your files FOR YOU
8 hours of 1-on-1 consulting with a Mise Mode coach
You must provide:
P&L income and expense categories (including labor)
Complete recipe files
Complete inventory item files
Menu mix with all data (POS transaction-level data required)
*If this is your first time implementing tools like these, we highly recommend you take the opportunity to review these packages. We never want you to waste your valuable time and money.
If you’re in doubt, just click the "Contact us" button above, email us a quick note, and we will help you find the right level of support to meet your business needs.
If you’re in doubt, just click the "Contact us" button above, email us a quick note, and we will help you find the right level of support to meet your business needs.