Most hospitality venues struggle to understand their financial performance, not because they don’t care, but because they’re busy, reactive, and don’t know what to measure. That’s where the PERI method changes everything.
The “R” in PERI is Results. And it doesn’t just mean final numbers, it means building a culture that looks at the right data consistently and uses it to drive smarter decisions.
What Kind of Results Should a Venue Track Weekly?
At Profitability Partners, we make sure venues are tracking these every week:
- Sales (by category: food and bev)
- Wages (broken down into kitchen vs front-of-house)
- COGS (with food and beverage analysed separately)
These three areas tell the story. They help us ask the right questions: Did we meet our forecast? Did our wages match revenue? Are we profitable?
You Can’t Improve What You Don’t Track
Venues that don’t track results usually rely on gut feel. They wait for the accountant to deliver a P&L weeks later, then try to piece together what went wrong.
By then it’s too late.
When we work with managers and chefs weekly, we make the numbers daily. We coach teams to take ownership of their figures, not just look at them.
Results Are Not About Blame. They’re About Focus
One of the biggest shifts our clients make is seeing results as neutral data, not judgment.
If kitchen wages are too high, it’s not about blame, it’s about adjusting rosters. If food cost is off target, we look at waste, ordering, or portioning. If sales are low, we ask what actions were missed (like upselling, marketing, or function follow-ups).
Results tell the truth. And when your team trusts the data, they start to lead themselves.
Weekly Visibility Builds Better Businesses
The PERI method makes results a permanent part of the rhythm:
- Plan: Set weekly sales targets, wage budgets, and COGS targets.
- Execute: Align team efforts to hit those numbers.
- Results: Review what happened.
- Improve: Adjust based on data, not emotion.
Want to Stop Guessing?
If your venue is tired of surprises, vague performance reviews, or late financial insights, PERI is your fix.
At Profitability Partners, we help venues like yours become data-driven, accountable, and more profitable.
