. Benchmarking
benchmarking

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benchmarking

Benchmarking provides a picture of how well managed your operation is, how well-aligned it is with the industry and peers. Benchmarks highlight areas to investigate, show if your improvement initiatives are working and encourage proactive changes in scheduling, pricing and cost controls.

  • Compare your operation to peer institutions
  • Establish appropriate food costs
  • Match pricing with market rates
  • Compare staffing levels
  • Determines appropriate rates of return
  • Determine if you're paying too much rent or commission - or if you are collecting enough.