Calculating your cost of goods sold
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This lesson includes

  • Closed captions & dubbing
  • Downloadable resources
  • Mobile app (iOS & Android)

Calculating your cost of goods sold

To keep your restaurant business afloat, you need to be able to accurately calculate your food cost. This means keeping track of how much it costs to produce...

Intermediate

6m 39sBetter food cost management

Instructor
Ryan Gromfin
Ryan Gromfin

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Diversey
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This lesson includes

  • Closed captions & dubbing
  • Downloadable resources
  • Mobile app (iOS & Android)

Lesson details

To keep your restaurant business afloat, you need to be able to accurately calculate your food cost. This means keeping track of how much it costs to produce each item of food as well as the cost of goods sold (COGS) over a specific period of time.

In this online lesson, chef turned restaurant consultant Ryan Gromfin breaks down the different formulas for calculating the cost of goods sold in your venue.

What you'll learn in the Calculating your cost of goods sold lesson

  • How to determine the cost of goods sold in your venue
  • How to avoid the common mistakes made when calculating costs

Instructor

Ryan Gromfin
Ryan GromfinFounder of The Restaurant Boss

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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