Restaurant P&L Statement: Structure, Benchmarks, and What Late Books Cost You

A restaurant P&L statement should close within 5 to 10 business days of period end – not 15, not 30. Every day your books stay open after day 10 is a day you’re making labor, inventory, and staffing decisions without real financial data. For a 10-unit restaurant group, that delay can silently cost $15,000 to […]