The power of 1%
How a 1% can make you $1,000's more. Whether you like it or not, You are in the business of percentages. Play them right and you can completely turn around your venue.
Let's take a look using a mid sized suburban hotel turning over $30,000 per week as an example.
Say he makes the following changes by 1% and see the end result. Increases Turnover by 1% - $300 per week Decreases COGS by 1% - $105 per week (Assuming 35% COGS) Decreases Wages by 1% - $84 per week (Assumin