25:39
Dec 23, 2023
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'A common question I get from restaurant owners is, “Why is my actual food cost so high and why is it so much more than my ideal food cost?” The second part of that question is what to do if your actual food cost is running much higher than your ideal food cost. These are age-old questions in the restaurant industry and a puzzle to be worked out so every week you have a higher chance of making money. In this episode of “The Restaurant Prosperity Formula,” I teach you how to calculate your ideal and actual food costs and what systems and data you need to calculate them properly. I also talk about why these two numbers are so important to making money and the kinds of things you can do to get the numbers to line up more closely. Plus I offer you a series of kitchen systems you can put in place to control your food cost and run a tighter operation. https://dsp.coach/podcast-046 Watch for 3 Principles of Restaurant Success: http://www.davidscottpeters.com Book a Discovery Call: https://dsp.coach/discovery-call-dsp Sponsor – Repeat Returns: http://repeatreturns.com/dsp
Tags: david scott peters , How To Calculate Food Cost Percent , Theoretical Food Cost vs Actual Food Cost
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