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The Numbers

Home » The Numbers » Page 2
 Why Are Recipe Costing Cards Important?
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By Fred Langley
In 1. David Scott Peters, budget, SMART Systems, The Numbers, Video Blog
Posted September 6, 2018

Why Are Recipe Costing Cards Important?

Ever wonder why are recipe costing cards important? Why you have to do them? After all, you generally know what your protein costs. You generally know what the rice costs. You think you can price [...]

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 How to Find Your Actual Food Cost
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By Fred Langley
In 1. David Scott Peters, Food Costs, SMART Systems, The Numbers
Posted August 30, 2018

How to Find Your Actual Food Cost

Actual food cost is an important number to know because it’s one of the numbers you need to know to find your target food cost. In the most basic terms, food cost represents how much food [...]

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 How to Find Your Ideal Food Cost
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By Fred Langley
In 1. David Scott Peters, Food Costs, The Numbers
Posted August 23, 2018

How to Find Your Ideal Food Cost

Knowing your ideal food cost is important because it’s one of the numbers that helps you calculate your target food cost. Your ideal food is what your food cost should be if your ran a [...]

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 Basic COGS Calculation
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By Fred Langley
In 1. David Scott Peters, Food Costs, Inventory, The Numbers, Video Blog
Posted July 26, 2018

Basic COGS Calculation

Have you ever wondered what the actual cost of goods sold calculation is for your restaurant? It may be the most important calculation you make in your restaurant. Read further or watch the video [...]

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 5 Ways Restaurant Software Cuts Food Cost
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By Fred Langley
In 1. David Scott Peters, Food Costs, SMART Systems, The Numbers, Video Blog
Posted March 22, 2018

5 Ways Restaurant Software Cuts Food Cost

I want to tell you that restaurant software cuts food cost. If you use a comprehensive restaurant management software, you can cut food cost dramatically. Watch this video to learn five ways [...]

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 Restaurant Prime Cost Calculation
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By Fred Langley
In 1. David Scott Peters, budget, Food Costs, Labor, The Numbers, Video Blog
Posted March 15, 2018

Restaurant Prime Cost Calculation

What is the restaurant prime cost calculation? What numbers go into the prime cost calculation? Watch this video for an easy breakdown this number, which I call the most important number in your [...]

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 What Is a Good Food Cost for a Restaurant
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By Fred Langley
In 1. David Scott Peters, budget, Food Costs, The Numbers, Video Blog
Posted February 22, 2018

What Is a Good Food Cost for a Restaurant

One of the most common questions we get asked is, “What is a good food cost for a restaurant?” Another common one is, “What is the average food cost for a restaurant?” [...]

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 How to Track Restaurant Sales Correctly
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By Fred Langley
In 1. David Scott Peters, budget, Sales, The Numbers
Posted January 23, 2018

How to Track Restaurant Sales Correctly

There is a right way to track restaurant sales to ensure you are accurately calculating your restaurant prime cost, which is your guiding number for profitability. Just in case you’re new to the [...]

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 Use this Number to Calculate Prime Cost Correctly
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By Fred Langley
In 1. David Scott Peters, budget, Sales, The Numbers
Posted January 23, 2018

Use this Number to Calculate Prime Cost Correctly

In this article, I covered the difference between gross and net sales and why the distinction is so important, which is to ensure you calculate your restaurant’s prime cost correctly. Your [...]

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 Why Restaurants Need a Budget
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By Fred Langley
In 1. David Scott Peters, budget, Leadership, The Numbers, Video Blog
Posted January 3, 2018

Why Restaurants Need a Budget

Do you ever wonder why restaurants need a budget? Do you run your restaurant based on your gut? You can’t do it anymore – the risk is just too great. Watch this video to learn why [...]

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