How do you know how much food you should have on the shelves before you put yourself into a poor cash position? Today I'm going to answer what’s an inventory turn and why they're so important to understand when you want to take control of your kitchen.
What is an inventory turn? If you...
How to calculate restaurant food cost is one of the most frequently searched terms on YouTube. I even have several videos on my channel this topic. So why am I doing yet another video on food cost? Because you, my faithful followers, have been asking me to teach it using visual examples. This...
I am sure you’ve been told you need to calculate your food cost. Heck, you’ve probably heard from several experts that your food cost target is a 34% food cost, or that you’re supposed to mark up each of your food items on your menu 3 times. Well, neither of these methods are...
Does your restaurant food cost look high to you? As we’ve all seen, the cost of goods that you sell has skyrocketed with high inflation and logistical issues everywhere you look. What if I told you that you might be using the wrong numbers when calculating your food cost and maybe your food...
With food costs rising every day, you've got to learn how to control and bring your food costs down. Here's the challenge. What is your food cost today? Do you even know it? I've been coaching restaurant owners since 2003, and I can tell you the vast majority of restaurants are coming up with...
When it comes to restaurant food cost in an independent operation, it’s important to remember that you don’t have to do it all. Restaurant food cost strategies can be delegated, which will give you, the owner, time to work on your restaurant’s financials, marketing and other...
Food cost, food cost, food costs keep going up. It is becoming a struggle to make money in our business, and now, with labor costs rising even faster, we’ve got to bring our food costs down. Watch this video, or continue reading below, to learn more about food costing and the food cost...
Would you like to know what the food cost percentage formula is for your restaurant? What if I told you there are actually three food cost percentages? Watch this video, or continue reading below, to learn what they are and how to calculate them.
Most restaurant owners are paying attention...