How Much More Can You Make Per Year, If You Increase Your Average Check or Shave Costs By Only A Few Pennies Per Guest? Click here to find out by using our free Guest Check Worksheet. Share PostEmailSHG Google+ Community
Food Cost Is Not A Percentage
It’s real dollars and your profitability can suffer if you think otherwise Did you ever pay an invoice to one of your suppliers with a check that had the amount being paid expressed as a percentage? I didn’t think so. When we pay for food (aka, our food cost), we don’t spend percentages we spend … Continue reading »
New Business Startup: Cost Segregation
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QFO: Food-Court Leases
We are more than happy to answer restaurant or hotel questions from operators on any issue here on the “How We See It” blog.
Food Cost Basics
A major part of your prime cost is food cost. Food cost can be calculated as follows: Net food purchases ÷ Net food Sales (Net means after the change in inventory) Costing out the menu is crucial to controlling food costs. The easiest place to begin is at the bar due to price control. From … Continue reading »
Food Cost Is Not A Percentage
It’s real dollars and your profitability can suffer if you think otherwise Share PostEmailSHG Google+ Community
