Calculating actual vs ideal food cost
Keeping track of all the expenses in your hospitality business is crucial, but it is a complicated process. One of the most important aspects of the process is...
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Helping the best teams succeed, from new startups to big companies.This lesson includes
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Lesson details
Keeping track of all the expenses in your hospitality business is crucial, but it is a complicated process. One of the most important aspects of the process is determining your food costs - and to do so, you have to figure out the actual vs ideal food costs first.
In this online lesson, chef turned restaurant consultant Ryan Gromfin shares a formula to help you calculate the real food costs in your venue.
What you'll learn in the Calculating actual vs ideal food cost lesson
- The importance of calculating food cost in your venue
- How to differentiate between actual and ideal food costs
Instructor

After 15 years of professional cooking and catering, Ryan Gromfin turned to consulting in the restaurant industry. As The Restaurant Boss, he uses his extensive experience to help restaurant owners reduce costs and increase profits with efficient...
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