The words “take inventory” are enough to make your staff cringe and run off in 30 different directions. You’ve tried getting your staff to do it and it doesn’t go well. They fudge numbers and are very inconsistent. Instead, you’ve tried to do it yourself, but every time you pick up the pen and clipboard, […]
Your food cost are one of the biggest factors to your restaurant’s success. Knowing your food costs affects everything from how you price out your menu to what you order on a weekly basis. It is especially important these days to know exactly what your food costs are. Many restaurant owners are counting pennies and […]
Prime costs are a key metric in the restaurant industry, as they represent a significant portion of overall expenses. They are the sum of a restaurant’s food and labor costs. In order to calculate it, you will need to add up your COGS and labor costs. Calculate Your COGS and Labor Costs To calculate your […]