Do you ever wonder how your kitchen is doing financially? Are you making money? What type of client is most common in your kitchen? What type of equipment should you purchase next? How and when is your space being utilized? Having answers to these questions can go far in helping you plan your next steps and ensure that you’re heading in the right direction.
Analyzing data such as operating costs, revenue streams, and space utilization allows kitchen managers to determine the best strategies for growth and success. These performance metrics are key ingredients for increasing the profitability of your business.
The Food Corridor provides comprehensive data in its Reporting tab. At-a-glance metrics and detailed reports are curated for your kitchen. You can view revenue breakdowns, client data, compare trends, analyze space and equipment utilization and so much more!
Let’s take a look…
Client Reports
Client Data reports are the little black address book you never knew you needed. View client and potential clients’ contact information, websites, and social media to keep up-to-date on their happenings and help you market their brands. You can also group by business, product, and plan types to analyze what kind of food businesses are renting from your kitchen and offer insight for potential clients you may want to take on.
Bookings Reports
Ever wonder about the breakdown of your space and equipment rentals? Bookings Reports will tell you everything you need to know. Download the CSV and filter all bookings from the year by space or equipment calendar type as well as peak and off-peak booked times. This can help you determine your heaviest utilization and fine tune your off-peak incentives. You can also view booking revenue and hours booked by your clients in order to analyze which spaces and equipment are your biggest money makers.
Payments Reports
View individual line item charges, track and reconcile client payments, and analyze revenue by client or revenue type in Payment Reports. These reports help you forecast and gauge your profitability by the metrics that matter most to you.
Interested in learning more about how The Food Corridor’s Reporting tab can help you increase your profitability with ease? Schedule a demo with one of our friendly gnomes today!
