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Food Costs

Home » Food Costs
 Restaurant Profitability Is a Simple Math Problem
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By Fred Langley
In 5. Fred Langley, Food Costs, SMART Systems
Posted May 17, 2019

Restaurant Profitability Is a Simple Math Problem

Oh how I wish achieving restaurant profitability was only a simple math problem. But the real issues that hold restaurant owners back from achieving their desired profitability are mostly [...]

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 Use Menu Costing Software for Maximum Menu Profits
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By Fred Langley
In 5. Fred Langley, Food Costs, Menu, SMART Systems, Video Blog
Posted May 15, 2019

Use Menu Costing Software for Maximum Menu Profits

Menu costing software is critical to planning a restaurant menu. If you want to make any money in the restaurant industry, you cannot rely on the numbers you keep in your head. You can’t [...]

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 When Restaurant Menu Design Can Help Lower Food Cost
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By Fred Langley
In 1. David Scott Peters, Food Costs, Menu
Posted February 25, 2019

When Restaurant Menu Design Can Help Lower Food Cost

When it comes to restaurant menu design, you can add pictures to your menu or alter font styles and sizes, but you won’t make much of a difference in your food cost or profits if you don’t know [...]

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 Why the Prime Cost Formula Matters to You
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By Fred Langley
In 1. David Scott Peters, Food Costs
Posted February 21, 2019

Why the Prime Cost Formula Matters to You

The prime cost formula is the grand total of your total cost of goods sold, which includes both food cost and liquor (also known as pour cost), and total labor cost. (In order to have an accurate [...]

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 How to Use Recipe Costing to Lower Food Cost
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By Fred Langley
In 1. David Scott Peters, Food Costs, Menu
Posted February 18, 2019

How to Use Recipe Costing to Lower Food Cost

There is one system your restaurant must have to survive and most independent restaurant owners are bypassing it completely: recipe costing. Going through the process of creating recipe costing [...]

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 How Taking Inventory Lowers Food Cost
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By Fred Langley
In 1. David Scott Peters, Food Costs, Inventory
Posted February 13, 2019

How Taking Inventory Lowers Food Cost

I was taught pretty early that consistently taking inventory lowers food cost. A manager walked me into a walk-in cooler and asked, “What do you see on the shelves?” I started listing what I [...]

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 3 Ways to Lower Food Cost in Your Restaurant
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By Fred Langley
In 1. David Scott Peters, Food Costs
Posted February 8, 2019

3 Ways to Lower Food Cost in Your Restaurant

When looking for ways to lower food cost in your restaurant, there is one thing you should accept: you can’t control food prices. There are just too many factors that go into the price your [...]

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 Cut Food Cost with Two Easy Systems
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By Fred Langley
In 1. David Scott Peters, Food Costs, Inventory, SMART Systems, Video Blog
Posted January 17, 2019

Cut Food Cost with Two Easy Systems

How would you like to cut food cost with two easy steps? These two “clipboard systems”- EASY – stop mistakes coming out of your kitchen. They virtually eliminate theft in your [...]

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 Running Your Restaurant by the Numbers
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By The Restaurant Expert
In 1. David Scott Peters, budget, Food Costs, The Numbers, Video Magazine
Posted January 11, 2019

Running Your Restaurant by the Numbers

This restaurant industry podcast is an audio version of SMART Systems Insider, a video magazine from TheRetaurantExpert.com, is your fast track to lower food costs, lower labor costs, an [...]

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 Why Restaurant Budgeting Is So Important
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By Fred Langley
In 1. David Scott Peters, budget, Food Costs, Labor, The Numbers, Video Blog
Posted January 3, 2019

Why Restaurant Budgeting Is So Important

If you run your restaurant by gut and you’re not using restaurant budgeting, I urge you to STOP.  You can’t do it anymore – the risk is just too great. In the video below I [...]

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