Overview – Use the Budget Worksheet to Complete This Assignment
This will be written in essay format and explain each component listed below as it applies to your business. Remember to relate your budget plan back to your mission statement.

Talk about each of the following:  ** the calculations have already been done in the uploaded files**

Intro
Turnover/# guests
Average check – be specific
Revenue/Sales
Food & beverage costs
Payroll expenses – be specific
Occupancy costs (use 20% of income before occupancy, interest and depreciation have
Been deducted – letter (m) on worksheet.
Depreciation (use 2% of value (m) on worksheet
Interest (use 5% of value (m) on worksheet
Summary/conclusion – overall profit/loss