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Weekly Prime Cost Worksheets
Restaurant operators that track their prime cost weekly routinely increase their bottom line by 2% - 5% or more! If you're serious about improving your profit - START USING THIS WORKSHEET TODAY!
This series of integrated worksheets have been designed to efficiently capture sales, purchases, payroll and inventory information to generate one of the most valuable weekly reports in any foodservice operation.
Prime cost is composed of the two biggest and most volatile cost areas in any restaurant, food & beverage and labor cost. Having accurate, weekly feedback on prime cost is essential to keep management informed and focused on their biggest and most vulnerable cost control areas.
Keys to success in using these reports:
- Enter supplier purchases, hourly payroll and sales information daily.
- Conduct an accurate physical inventory of all food and beverage items at the end of the week.
- Commit to completing and reviewing the prime cost report the day after your weekends.
Summary of Features & Benefits:
- The Prime Cost Worksheets are an integrated set of spreadsheets that will make it easier to generate an accurate prime cost report.
- The file contains worksheets to collect hourly employee hours and calculate hourly payroll cost every day.
- Making the Prime Cost Report a part of your restaurant's weekly routine will build awareness and accountability for the two most important cost areas in any restaurant.
- Successful integration of a weekly Prime Cost Report discipline always results in lower food, beverage and labor costs often equivalent to 2% to 5% of sales.
- Includes a calculation for the average number of days your food/beverage/merchandise stays in inventory.
- If you're serious about improving your profitability - START USING THIS WORKSHEET!
Choose the Prime Cost Worksheet Version below that best fits your operation. There's also a link to a Prime Cost Online Course that gives examples on the best way to set up and use the templates —
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Weekly Prime Cost Worksheet — Full-Service Version (Food & Alcohol)
Independents who calculate and analyze their food and labor each week instead of just monthly, report a prime cost savings of 2-5% of sales. Get your weekly food and labor costs quickly and efficiently with this series of Excel worksheets.
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Weekly Prime Cost Worksheet — Limited-Service Version (No Alcohol)
Independents who calculate and analyze their food and labor each week instead of just monthly, report a prime cost savings of 2-5% of sales. Get your weekly food and labor costs quickly and efficiently with this series of Excel worksheets.
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Download
Weekly Prime Cost Worksheet — with Discounts and Comps Tracking (Food & Alcohol)
Calculating prime cost every week is one of the profitable activities any restaurant can do. If prime cost is too high it's VERY difficult for any restaurant to generate a profit. Our weekly prime cost worksheets make it easy to track and control your biggest and most volatile costs.
Download the Weekly Prime Cost Worksheet vs. Budget Template
Preview
This form is available in the following formats. You must have a compatible program installed on your computer to use them.
Click to Download Microsoft Excel format
Download the Weekly Prime Cost Worksheet - QSR Version - Food & Soft Beverage
Preview
This form is available in the following formats. You must have a compatible program installed on your computer to use them.
Click to Download Microsoft Excel format
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Online Course
How to Setup and Use the Weekly Prime Cost Template
The Weekly Prime Cost Template is a series of integrated worksheets designed to generate one of the most valuable weekly reports in any foodservice operation -- the Weekly Prime Cost report. This course will lead you step-by-step through the process of setting up the template and using it. How to Setup ...
