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🤯 Want to know how to calculate your restaurant's food cost in just 60 seconds? Start with inventory costs, add labor costs, and then calculate your cost of goods sold (COGS). For example, with an ice cream, inventory costs are $1.50 and labor costs are $0.50 per serving, totaling $2.00. If you sell an ice cream for $7, your food cost percentage is 28.57%. Keeping this between 15%-30% will help you maintain a healthy profit margin. Once you know your food costs, you can better promote high-prof
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🚨 Struggling to keep track of food recipe costs and profits? Introducing the Food Recipe Costing Calculator template! Accurately calculate cost, determine ideal selling price & profit margins! FEATURES: ✅ Calculate costs for each ingredient & for the whole recipe Auto-calculate profit margins, price markup, and food cost percentages ✅ View in-depth insights such as a cost breakdown by category, your profit margin, your price markup (%), and much more! ✅ Calculate how many sales you would need t
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