Accurately calculating your restaurant's food cost is critical, and fortunately, it's not complicated. Chef Omar Pereney walks you through the food cost formula step-by-step to arrive at an accurate cost of goods sold.
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Understanding cost of goods sold is essential for controlling restaurant food cost and protecting profit margins. In this training video, Chef Omar Pereney explains why accurate tracking matters and how inventory connects directly to financial performance.
Designed for restaurant operators and kitchen leaders, this session builds confidence around restaurant inventory management and food cost percentage, helping you see where your numbers come from and why they matter, without overwhelming detail.
Knowing what each of your menu items costs to prepare is one of the most basic yet overlooked aspects of running a profitable restaurant. This comprehensive spreadsheet template will give you an easy-to-use tool to calculate and maintain the current cost of your menu and recipes.
Managing your restaurant’s inventory is a classic Goldilocks problem. If you have too little inventory on hand, you are at risk of running out of an important item during the dinner rush. If you have too much inventory on hand, you tie up cash and storage space and invite spoilage and theft – all of which can eat into your profits. Getting inventory “just right” ...
In a restaurant, counting inventory is crucial to controlling your costs and having a profitable operation. Make your restaurant's product counts easier, more efficient, and more accurate, by using the shelf-to-sheet method. It will streamline the process, eliminate the guesswork, and make sure it is consistent, every single time.