South Dakota Restaurant Terms And Definitions

Drink Cost Weekly total dollar usage of all items inventoried in your restaurant. Casual Dining A restaurant providing table service, relaxing environment, and a meal costing from $6.00 to $15.00. Fixed Costs Costs that do not vary with sales, instead they are necessary expenditures. Tableware eating, drinking and serving utensils for the table. Paid-Outs Money taken from the register to purchase items with cash for the restaurant. Break-Even Point A break even point is the minimum amount of sales that a restaurant must achieve in order to cover all costs before making a profit. Core Menu Concept The main product line of your menu. This concept could be a style of food such as Italian, Mexican, American or Japanese. Point Of Distinction What makes you different from your competitors (menu, decor, prices, etc.). Net Sales This is the actual dollar amount of all items sold, excluding sales tax. ABCD Award An award given by restaurants to employees who go above and beyond in their work to encourage them to excel in their work.