Daily Cash Float

AugustonCoffee

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Feb 7, 2015
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This may be of interest to some looking to start-up their own cafes. I'm curious to hear how others have calculated their daily cash float for cashiers.

I've based mine on our daily average sales, based on the year. It's not an exact "Today, we now have a daily average of $380 and therefore that's our float" but more of a "$225 seems to be the happy medium for our daily average sales, therefore that's our float."

No, I'm not using our exact sales numbers but I'm curious what other cafe owners do to come up with their daily float.

I'll reply later with some interesting(? haha) and frustrating trends I see in our daily sales too.
 
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