Why a Weekly Review Matters
In hospitality, small changes can make or break your profit.
Yet many venues wait until the end of the month to see how they’ve performed — by then, it’s too late to fix anything.
The answer? A 30-minute weekly review built around the PERI framework.
It’s simple, structured, and focused on the numbers that matter.
How PERI Shapes the Weekly Review
- Plan – Review the forecast for the current week:
- Are sales targets realistic?
- Is the wage budget aligned with expected trade?
- Execute – Look at the daily numbers so far:
- Did we adjust rosters on slow days?
- Are we hitting daily wage % targets?
- Results – Review the completed week:
- Sales vs forecast (daily and total).
- Wages vs forecast (daily and total).
- Weekly COGS vs sales.
- Profitability Matrix (profit/breakeven/loss indication).
- Improve – Agree on one key improvement for the coming week.
- This could be adjusting shift rules, better upselling, or refining specials.
What We Focus On in the Meeting
A good weekly review avoids getting lost in the details.
Instead, we focus on three core metrics:
- Sales vs forecast
- Wages % vs sales
- COGS % vs sales
With these numbers, you can see at a glance if your venue is moving toward profit or sliding off track.
Real Example: Courthouse Hotel
At the Courthouse Hotel, our weekly reviews showed that shift planning based on bookings significantly lowered wage percentages.
We discovered that using rules — like matching staff numbers to confirmed bookings — allowed us to:
- Reduce excess hours.
- Keep wages lean.
- Improve profit while still delivering great service.
These results were clear in the Profitability Matrix every week, keeping the team motivated.
How to Keep It to 30 Minutes
The key to an effective weekly review is structure:
- Start with last week’s results (10 minutes).
- Discuss the current week’s forecast and daily numbers (10 minutes).
- Agree on improvements and next actions (10 minutes).
No distractions. No unnecessary reports. Just the numbers that matter.
Why It Works
This simple process:
- Builds accountability between chefs, managers, and owners.
- Prevents wage blowouts by catching issues midweek.
- Drives continuous improvement rather than “once-a-month” panic.
The result? A profitable venue that’s managed proactively, not reactively.
Want to Set Up a Weekly Review That Works?
We’re now booking Discovery Calls to help venue owners and managers set up a PERI-based weekly review system that drives profit.
Book Your Free Discovery Call Today
In just 15 minutes, we’ll show you how to structure your weekly review to control sales, wages, and COGS — and build consistent profitability.