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Restaurant Food Cost Tips for Independents

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 important things that are the job of a restaurant owner. Watch this restaurant business tip or keep scrolling for more restaurant food cost tips for independents.

Restaurant food cost tips for...

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There Is a Wrong Food Cost Formula?

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 formula.

About the Right Food Cost Formula

If I were to ask you what your number one challenge in your restaurant is, you’d probably tell me labor, followed by food cost. I want to focus right now...

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3 Food Cost Percentage Formulas

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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