In recent years, California has led the movement to increase the minimum wage. Assembly Bill 1228 (AB 1228), which went into effect April 1, 2024, requires quick-serve restaurants to pay employees a minimum wage of $20/hour. In addition, AB 1228 established the nation’s first Fast Food Council, a consortium of foodservice workers, government appointees, and […]
Understanding the Basics of Your Restaurant Payroll Percentage In this article we’ll teach you how to calculate your payroll percentage, why it’s an important measure of the health of your business, and how you can improve it overtime with modern technology and sound management practices. What is Payroll Percentage? Your restaurant payroll percentage is a […]
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 […]