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Weekly Prime Cost Worksheet vs. Budget Template
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.
This version of our popular Weekly Prime Cost Templates includes a simple weekly budget calculator so that you can easily compare actual results with budgeted results - every week!
Keys to success in using this report:
- Enter the weekly sales forecast.
- Enter your target food and beverage cost.
- Enter the projected hourly labor cost.
- 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 week ends.
Summary of Features & Benefits:
- 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.
- If you're serious about improving your profitability - START USING THIS WORKSHEET!
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
Budget Worksheet Example
