How to Read a Restaurant P&L (Profit and Loss) Statement + Free Template
SpotOn
FEBRUARY 26, 2025
Mandatory contributions such as FICA (Social Security and Medicare), unemployment taxes, state taxes, and other government-mandated taxes Employee benefits. Spotify, ASCAP/BMI licensing fees), and special events. Think of your lease, insurance, and licenses. Overtime: Extra pay to employees (usually 1.5 Comps & discounts.
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