Keywords
restaurant, accounting ratios, profitability
Abstract
In order to ensure the success of their business restaurants must take into account three key business attributes: 1) profitability, 2) liquidity, and 3) solvency. These attributes will be described as well as how they can be measured through accounting ratios. By tracking these ratios, restaurants can ensure their success by maintaining the ratios at safe levels; doing so will help restaurants identify and solve problems as they arise
Recommended Citation
Williams, Dallin
(2018)
"Indicators of Restaurant Success,"
Marriott Student Review: Vol. 2:
Iss.
1, Article 9.
Available at:
https://scholarsarchive.byu.edu/marriottstudentreview/vol2/iss1/9
Included in
Accounting Commons, Business Administration, Management, and Operations Commons, Business and Corporate Communications Commons, Entrepreneurial and Small Business Operations Commons
Marriott Student Review is a student journal created and published as a project for the Writing for Business Communications course at Brigham Young University (BYU). The views expressed in Marriott Student Review are not necessarily endorsed by BYU or The Church of Jesus Christ of Latter-day Saints.