Your Gross Profit is a measure of how your business is performing. It is usually expressed as a percentage. This percentage is your profit margin before you pay for other main expenses like light, heat, rent and labour.
To calculate your Gross Profit you must first conduct an opening count which becomes your Opening Stock. It is for example a count of all stock on hand on the premises at the time of starting the gross profit calculation.
Then in order to get your gross profit you must conduct a closing count which will then become your Closing Stock at the end of the gross profit calculation.
Use this Gross Profit Calculator to assist you in your calculations. For more information, take a look at our article on calculating your gross profit.
Not yet a Member? Register Here. It only takes a minute and you'll have instant access to more than 2000 business tools to drive profits, reduce costs and manage a successful hospitality business.
Other interesting articles you're sure to like...
Harassment Investigation Guide This important and difficult situation needs careful procedures in place to implement as soon as a complaint is made.
Sample Sexual Harassment Policy A Sexual Harassment Policy will help ensure you are not at risk, by stating clearly to your staff what your policy on sexual harrasment is.
Employee Referral Form Given the difficulty and cost involved in getting your recruitment right, who better to help you with your recruitment than your own staff?
Employee Self Evaluation Form A regular review evaluating staff progress on these goals will go a long well in helping them to perform better in your organisation.
Free Tip of the Week
Sign up Now
Bar Operations Features
The Complete Training Manual CD 25 Manuals created in Microsoft Word format make
them easy to edit and tailor to your specific needs. Each Training
Manual contains complete training info as well as a Certificate of
Completion for each trained staff member
Basic Food Hygiene - Certified Course - CD Legislation requires all staff who handle food on a day to day basis in their job to be trained to level 1, Basic Food Hygiene. Use this certified course to train your staff and offer unlimited use through easy learning modules
HACCP & Food Management Training CD This helpful CD gives you the information and tracking documentation to meet legislative needs in easy to follow modules
Induction Training for Beverage Service Staff - CD Bring your new recruits into the work place with this fabulous training system and allow beverage service staff achieve competency quickly and enjoyably
Customer Service Training CD Ideal for your whole team or individual learning. Included in each of the ten fantastic sessions are Information and Guidance, Tips and techniques to implement and more
You have chosen to leave Barkeeper.ie and navigate to Barkeeper.co.uk. Please note that membership of either site does not include membership of the other.
Both sites contain different content tailored to the particular market. If you would like your membership changed to instead allow access to Barkeeper.co.uk, please contact us on info@barkeeper.ie.
If you would like to navigate to Barkeeper.co.uk, press continue now, or to remain on Barkeeper.ie, press cancel.
Print this page
Tell a friend
