Understanding your food cost in your restaurant is very important. Let's cover the food cost formula. Watch this video (or keep reading) to learn the food cost formula.
When you want to find your restaurant's food cost, it would be nice to have a food cost calculator. But since that's really lacking, let's instead focus on the food cost formula so you can calculate it yourself anytime.
What Is the Food Cost Formula?
Knowing your food cost is important so you can put controls in place to keep your food cost in line and make the money you deserve.
Read about the prime cost formula here as well.
If you would like to learn ways to control restaurant costs and apply the food cost formula to your restaurant's numbers, read our free special report, Is Your Food Distributor Screwing You? 5 Things You Can Do Now to Lower Food Cost. Download it here. Be sure to visit my YouTube channel for more helpful restaurant management video tips.
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