Restaurant Revenue Calculator
Incremental Restaurant Revenue Calculator
Revenue is obviously one of the more important metrics to consider when running a business. But let’s be real, any business needs revenue to operate. You know that revenue and profit is important. How can you increase sales that lead to profit, without increasing costs, or at least incurring costs that less than the generated profit? This is called incremental revenue.
What is Incremental Revenue?
Our revenue was $1,000 the “normal” way. When we did this activity (marketing, change of operations, cut labour costs, lowered cost), our revenue was $1,500. The difference between those would be your restaurant’s incremental revenue.
In this case, the incremental revenue would be $500.
Why is Incremental Revenue Important for Restaurants?
Incremental revenue is important for many reasons. The main reason being…your restaurant makes more money. But, trying, and tracking a projects incremental revenue (or loss) can help bring a blue print to what works, and what doesn’t.
How OrderUp Can Increase Incremental Revenue For Restaurants
Based on our data, external research, and feedback from our partners, we’re confident that letting your guests order and pay from their phone can greatly increase your restaurant’s incremental revenue.
Try out the calculator below to see what your daily and monthly revenue is, then a projection of what it could be by using OrderUp’s contactless ordering and payment for table service.
On the right, shows our projections, and on the left is where you input your restaurants average metrics.