Saturday, October 26, 2019

Math And Owning A Restaraunt Essay -- essays research papers

Math is an essential asset in the business world. Without mathematics businesses wouldn’t be able to operate effectively. In order to run a restaurant math plays an important role in a lot of different areas. For instance the items on the menu may change due to the way it sells. Bookkeeping and math allow you to both figures out what items are profitable and what items are selling. The business world revolves around math, from profit and loss statements, to graphs, to taxes. Everything in business requires mathematics. Owning a restaurant is no different then any other field of business when it comes to math. The simplest things in a restaurant could not happen without math such as paying for your meal. Math is used to add up the total cost of a person’s bill as well as adding in the sales tax. More advanced math is used in the restaurant business as well. Using equations to determine what your business can afford to buy as well as the difference in the cost of the product and the profit it turns over is all determined by math. Jobs you might not even think require math do, such as portioning products or prepping food. When you are preparing food you need to measure amounts of ingredients and measurements are a form of mathematics. Wheatley-2 Keeping your books up to date requires math as well. When keeping records of your restaurant’s sales you can keep track of your busy periods to know when you are required to order more food or alcohol. Equations are ...

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