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4.19 Consumer Expenditure on Food away from Home by Education Analysis Template

What is the purpose of having this template on the Annual Spending by Education analysis in a business plan for a Full Service Restaurant?

The Annual Spending by Education analysis template gives a small business owner like Jack Gordon and other readers of the plan like banks and potential partners an excellent view into the kind of money being spent on an annual basis by the folks nationally, when accounting for their educational achievement. By using this template, Jack Gordon is able to provide the reader of the plan a table and a chart, thus giving them both the data and the visual on how much has been spent by folks with varying educational backgrounds over a period of 10 years. The chart graphs the annual spending on a product or service provided by a Full Service Restaurant or similar industry segment and it covers the most recent and the most historic year used in the table.

The template categorizes the educational achievement of the population into the following education achievement buckets:

  1. Annual spending nationally on a Full Service Restaurant or a similar industry segment by folks with less than a high school education.
  2. Annual spending nationally on a Full Service Restaurant or a similar industry segment by folks with a high school education.
  3. Annual spending nationally on a Full Service Restaurant or a similar industry segment by folks with a Associates degree.
  4. Annual spending nationally on a Full Service Restaurant or a similar industry segment by folks with a Bachelors degree.
  5. Annual spending nationally on a Full Service Restaurant or a similar industry segment by folks with a Masters degree.

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

The data source for the Annual Consumer Spending by education 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 education 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 Education analysis for Full Service Restaurant in Westchester County, New York?

The data for Annual Spending by Education 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 Education 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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