Food Costs

I can say recipe costing software cuts food cost, but first you have to agree that recipe costing cards are important. Why are they important? Why do you need to have them? Especially when your [...]

What is prime cost vs food cost? Do you wonder where the numbers that make up prime cost come from? Where does food cost fit into the prime cost calculation? How does the prime cost calculation [...]

In this article (and video below), I explain why you should really integrate back office software to maximize a POS System. Let’s start with this: a POS system is a different thing than [...]

Have you ever wondered how inventory software helps lower food cost? Taking inventory sucks! I get it. However, it doesn’t have to be a dreaded task and the benefits to your business are [...]

The monthly SMART Systems Insider v2.0 is also a PODCAST. Click below to listen to your new favorite restaurant expert podcast. In Episode 1 of SMART Systems Insider v2.0 : David Scott Peters, [...]

In our first issue of our new video magazine, the SMART Systems Insider, David Scott Peters is teaching the cost of goods sold basic calculation. This video version of SMART Systems Insider, a [...]

I’m the systems guy, and along with teaching systems, I teach why restaurant systems are important. Every restaurant owner, no matter how much they’re making or not making, is looking [...]

Have you ever wondered how how to charge for free food in a restaurant? Do you offer something for free in your restaurant? For example, chips and salsa? Or bread and butter? Or even condiments? [...]

Paper cost is a real restaurant cost. Have you ever wondered if the cost of your paper products belong in a recipe costing card? After all, if it could be part of the recipe and its presentation, [...]

The core of our work is to get restaurant owners to a 55 percent restaurant prime cost. As a refresher, the restaurant prime cost percentage consists of the two main controllable costs in your [...]