How to Calculate Food Cost

For those of you in the restaurant industry, I’m guessing you have a passion for great food and love providing exceptional dining experiences for your guests.

However, in order to make that a reality, it’s equally as important that you have a solid handle on all your finances. A poor financial model means that you’ll be limited in how well you’re able to serve your customers - and a key component of your finances is food cost.

In this post, we’ll discuss how you should calculate your food costs effectively in order to reduce costs and boost sales – a win-win!