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...
Backed by industry leaders
Helping the best teams succeed, from new startups to big companies.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

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...
View full profileWhy learn on Typsy?
Practical training designed for real hospitality moments.
Learn from industry professionals who understand real service.
Short, flexible lessons that work around shifts, not against them.
Give individuals clarity and teams a shared standard to follow.









