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Prime Costs: Understanding and Application for Restaurants

Synergy Suite

Understanding and managing prime costs is vital for several reasons: Profitability: Prime costs, comprising both the cost of goods sold (COGS) and labor expenses, typically account for the largest portion of a restaurant’s expenses. Controlling them effectively can significantly impact your bottom line.

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How to Calculate Food Costs in Your Restaurant

Synergy Suite

It also takes into account any food wastage, spoilage, or pilferage that may occur during storage or preparation. Let’s face it, post-COVID, many of us prefer to eat in the comfort of our home, so as long as the additional expenses are accounted for, this is a great way to boost revenues. Offer delivery or takeout options.

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Restaurant Operations Overview: What You Need to Know

7 Shifts

For successful implementation of these processes, restaurants often rely on tools for accountability and optimization, including technology, templates, systems, and planners. Portion control in the kitchen saves on inventory, which helps keep the restaurant profitable. Areas of restaurant operations.

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