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4.21 Analysis of Consumer Expenditure on Food away from home by Region Template

What is the benefit of having a template for the Annual Spending by Region analysis in a business plan for a Full Service Restaurant?

The Annual Spending by Region analysis templates gives a small business owner like Jack Gordon a excellent overview of just how much money has been spent by consumers nationally on the goods and product being produced by the industry that a business like A Touch of Tuscany is in. This templage gives the users the ability to view the analysis in both tabular and graphic format and it covers a period of 10 years presenting a very good historical perspective. Thus the reader of the business plan is able to see what the annual spending used to be regionally 10 years ago and what it is today and draw the necessary conclusion from it.

The 4 categories that we have used for this Annual Spending by Region analysis are as follows:

  1. The annual spending by consumers in the North East on goods and services of a Full Service Restaurant or similar industry segment.
  2. The annual spending by consumers in the Mid-West on goods and services of a Full Service Restaurant or similar industry segment.
  3. The annual spending by consumers in the South on goods and services of a Full Service Restaurant or similar industry segment.
  4. The annual spending by consumers in the West on goods and services of a Full Service Restaurant or similar industry segment.

What is the data source for the Annual Consumer Spending by Region analysis for A Touch of Tuscany in Westchester County, New York?

The data source for the Annual Consumer Spending by region analysis for A Touch of Tuscany comes from the Bureau of Labor Statistics site available at www.bls.gov. We highly recommend that all small business plans for the Full Service Restaurant include an annual spending by region analysis. The Bureau of Labor Statistics produces tons of data that can be invaluable to a small business owner like Jack Gordon who are in the process of writing their business plans. Some of the key data provided by the folks at the BLS are listed below.

What is the cost of the data for Annual Spending by Region analysis for Full Service Restaurant in Westchester County, New York?

The data for Annual Spending by Region is available completely free from the Bureau of Labor Statistics website at www.bls.gov and is paid for by your tax dollars. Most government agencies request however that if you decide to use their data, that you give them a mention by letting your readers know the source of the data.

What calculations go into the production of this template on Annual Spending by Region analysis for A Touch of Tuscany?

There are no manual calculations that you have to endure - just go to the Bureau of Labor Statistics website, download the data, paste it or enter it into the template and the chart will be updated automatically. Just punch in the data and our templates will do the rest. Click on the output tab from where you can copy and paste the finished template into a word document.

Quick Links:

  1. Go to the Corresponding Questionnaire section for this industry.
  2. Go to the Corresponding Business Plan section for this industry.

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