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Tag Archives for: "restaurant prime cost"
Home » restaurant prime cost
 Don’t Mix Labor Cost Controls and Food Cost Controls
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By Fred Langley
In 1. David Scott Peters, Labor, SMART Systems, Video Blog
Posted October 4, 2018

Don’t Mix Labor Cost Controls and Food Cost Controls

Labor cost controls are an essential part of a healthy profit margin for your restaurant. To do this, have you ever heard that you should put labor cost into your recipe costing card? Do you add [...]

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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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 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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 Restaurant Prime Cost Formula
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By Fred Langley
In 1. David Scott Peters, budget, The Numbers
Posted August 17, 2017

Restaurant Prime Cost Formula

  The restaurant prime cost formula is the most important calculation in your restaurant. I bet you’ve heard that a typical restaurant makes a nickel to 8 cents on every dollar they bring [...]

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By Fred Langley
In 1. David Scott Peters, Food Costs, SMART Systems, The Numbers
Posted May 19, 2014

If You Don’t Believe, It Can’t Be Done

  By David Scott Peters In many of my speeches, seminars, workshops and calls with potential Members, I talk about how industry standards don’t apply to the restaurants we work with. For a [...]

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