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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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?” [...]
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 [...]
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 [...]
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 [...]