Overview

The Percentage of Income reporting feature in AI Growth Advisor makes it easy to see each expense category as a share of your total revenue, directly inside your Profit and Loss reports. This clear, visual approach helps you track costs, set targets, and compare performance across teams, departments, or locations.

Why Use Percentage of Income Reporting?

• Visualize Expense Allocation: Instantly see where your money goes by viewing every line item as a percentage of income.

• Spot High-Cost Areas: Identify which categories—such as labor, marketing, or operations—consume the largest share of revenue.

• Drive Smarter Decisions: Utilize clear cost ratios to establish budget targets and ensure that financial goals are met across your business.

How to Use Percentage of Income Reporting in AI Growth Advisor

Step 1: Access Your Financial Reports

• From the left-hand navigation, click Reports.

• Select a financial report, such as the Profit and Loss statement.

Step 2: Enable the Percentage of Income View

• Within the Profit and Loss report, look for the Columns dropdown menu at the top.

• Select % of Income from the available options to instantly view expenses and income categories as a percent of total revenue.

Step 3: Analyze Proportional Expenses

• Review each expense category (like payroll, rent, or marketing) as a percentage of total income.

• Instantly identify high-impact costs and areas for potential savings.

Step 4: Set and Monitor Expense Goals

• Use the Percentage of Income view to set expense targets (e.g., keeping labor below 30% of revenue).

• Monitor trends over time and make adjustments directly from your reports or through your team’s scorecards.

Step 5: Compare Performance Across Locations

• If you manage multiple franchises, departments, or stores, use the % of Income view to compare expenses across locations.

• Spot top performers and locations needing cost improvements with a single glance.

Who Benefits?

• Franchisors & Multi-Unit Operators: See standardized performance across all locations.

• Franchisees & Business Owners: Gain actionable insights for controlling costs and boosting profitability.

• Finance & Accounting Teams: Simplify expense tracking, budgeting, and forecasting.

Business Benefits

• Enhanced Financial Oversight: Ensure spending aligns with goals across all business units.

• Data-Driven Decisions: Make smarter budgeting choices and avoid overspending.

• Enhanced Profitability: Optimize costs and maximize revenue with clear, actionable insights.

Start Using Percentage of Income Reporting

By leveraging AI Growth Advisor’s Percentage of Income reporting, you can track spending with precision, set smarter goals, and drive profitability across a single location or your entire business network.

Ready to get started?
Switch to the % of Income view in any Profit and Loss report today and unlock deeper insights into your business performance!