It's not your mother's cash register anymore. POS systems have revolutionized how restaurants operate. While they can't wash dishes and shine silverware, they can do just about everything else. He's a look at how to use a POS system in a restaurant.
Restaurant owners know they need to keep food costs under control. Determining how to calculate the food cost for a recipe is critical to eliminating guesswork. By not knowing your costs, there’s also the danger of having a false sense of profitability in your restaurant.
Determining how much your restaurant spends on food can be challenging and tedious. When tomatoes are in season, they’re dirt cheap...and yet, your customers still want tomatoes in the middle of winter. You can’t increase menu prices to accommodate the fluctuation of ingredient availability, so it’s imperative that you learn how to calculate restaurant food costs to keep them from eating up too much of your overall budget.
You’re no stranger to the problem of food waste. After labor, food is one of your greatest costs involved in operating a restaurant. Compounding the problem, the price for wholesale food increased 3.4% just in the past year, a jump we haven’t seen since 2011. While many managers who struggle with how to control food cost in a restaurant raise their menu prices or reduce their staff to balance their budget, there are better ways to manage your food costs.