Negative variance on all income generating activities

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Negative variance on all income generating activities as per the budget variance report Expensive coffee as per customer feedback forms. Poor financial performance of surrounding firms as per the action marketing survey Customers eating healthy in summers as per the action marketing survey Customer choosing cheaper items as per staff comments. High wastage of hot food based on staff comments. Economic concerns Problem and Source of information The problem picked or identified is the general rise in the expenses. The primary source of the information is expenses reports and receipts. From that one can analyze the trends of expenses as an item such as coffee beans. Another source of the expense will be the payroll reports. This will show the increase or decrease in salary reports. From the changes the government can know how to better manage the expenses for example by reducing the wages or the number of workers. The income statement should also give a preview of the items discussed above as it
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contains all the expenses charged against the income of the company. From the
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