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 to the wrong number. Because they don't take inventory, they're dividing food purchases by sales to come up with a food cost percentage, but it's wrong. Really, there are three food cost calculations...
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