Bar Profit Calculator

Formula

The formula to calculate the Bar Profit (BP) is:

\[ BP = BR - BC \]

Where:

Bar Profit (BP): The net profit earned by the bar after subtracting all costs from the total revenue.
Significance: Calculating bar profit helps in understanding the financial health of the bar and making informed business decisions.

Let's say the total bar revenue (BR) is $10,000 and the bar costs (BC) are $7,000. Using the formula:

\[ BP = 10000 - 7000 = 3000 \]

So, the Bar Profit (BP) is $3,000.