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4.26 CPI All Items versus Industry Relevant CPI Analysis Template

What is the benefit of having a Consumer Price Index (CPI) analysis template in a business plan for a Full Service Restaurant?

The Consumer Price Index (CPI) analysis is perhaps one of the most significant elements of business planning as it pertains to costs and projection of costs. It is imperative that business owners like Jack Gordon demonstrate that they have a detailed understanding of the increase in prices in general, and the increase in prices for their industry in particular - what is even more important is that they need to have a sense of what these prices have been doing for the past decade in their own metropolitan areas. The Consumer Price Index analysis template gives them the ability to do just that.

What is the cost of the data for Consumer Price Index (CPI) analysis for Full Service Restaurant in Westchester County, New York?

The data for Annual Spending by Type of Area 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 Consumer Price Index (CPI) 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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