Budgeting & Forecasting

As 2025 draws to a close, your financial results offer more than just numbers — they’re a roadmap for smarter decisions. Effective budget planning turns those results into strategy, helping you strengthen cash flow, cut waste, and align your goals with real performance data. At Ledger Board, we help businesses move from chaos to clarity  — and that begins with disciplined, forward-looking budgeting. Here’s how to transform this year’s results into next year’s wins. 1. Review

In the restaurant world, profits are slim, competition is fierce, and mistakes are costly. One of the biggest killers of restaurant success is out-of-control food costs , also known as Cost of Goods Sold (COGS) . Managing COGS through effective cost accounting  is what separates profitable restaurants from those struggling to survive. What Is COGS in Restaurants Accounting? COGS (Cost of Goods Sold)  is the total cost of food and beverages used to produce the items you sell.