Food Cost Analysis Spreadsheet
You need to know which projects and tasks are slipping through the cracks so that you again react. You need to know when you will not have enough resources to meet demand so that you can allocate them properly or manage the demand. You need to know which issues are lurking so that you can address them now before you lose the favor of a critical customer. And you need to see how your processes are working so that you can continuously improve your processes. In today s economy competitive landscape and accountability standards you must have the data. Managers are getting blindsided because they do not know what is coming and what is going on.
Also how do you intend to handle depreciation and amortization since these are non-cash items that are typically added back to the income statement entries when determining the cash effect. Also how long is your investment horizon? Is it really that important to you to project out to 30 years or is 3-5 years sufficient along with a terminal value that represents the expected NPV beyond 5 years? Usually this latter approach works best and looks the most credible to potential investors. There are numerous ways to calculate terminal value including multiples current market values projected forward and round guesstimates. Obviously these decisions are affected by your personal preference and the type of investment for which you re calculating present value.
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Quickly Redistribute the Work Load during Sudden Absences and Emergencies Managing different sets of work schedules for different groups of employees at the same time becomes even more difficult to handle when changes had to be made frequently. On top of re-scheduling employees with approved vacation and maternity leaves shift managers and business owners also had to deal with unexpected absences because of a sudden illness or a personal emergency. Generally sick workers had to call in an hour or two before the morning shift began and inform the shift supervisor that they d be absent for that day.
This leaves the manager barely enough time to call and ask another employee who d be willing to come in as a reliever. Of course the employee got paid for all his or her trouble; this extra pay would have been equivalent to a full day s wage for the absent worker or it s the total overtime pay for an additional 8 hours of work. Sometimes a shift supervisor must be ready to fill in for an employee who had to leave immediately because of an emergency. An emergency leave often applies to urgent situations that require medical assistance. An example would be an employee who had an accident at work and must be brought to the nearest hospital as soon as possible.