Answer:
Explain to him that you need a plan, and to see if that plan is succeeding
Explanation:
If he focused on the business model of "pay for what you eat main course, then free dessert", you'd want to check if he was still making a profit with the free dessert.
Answer:
Balance sheet, income statement, cash flow statement and statement of changes in owners' equity.
Explanation:
The financial statements are reports prepared by a company in which the financial performance is detailed. It will be important to check the main financial statements to know the restaurant's performance:
-The balance sheet lists the assets, liabilities and equity.
-The income statement shows the revenue and the expenses in a period of time.
-The cash flow statement shows the cash receipts and payments in a period of time
-The statement of changes in owners' equity shows the changes in equity during a period.
