How To Take Control Of Your Restaurants Food Cost - By The Books...In the restaurant business there are many important factors on what could make your restaurant a hit or a miss. One of the key factors is proper restaurant management. Good restaurant financial management is a key trait in all successful restaurants and restaurant chains.
One of the most important parts of restaurant management is simply regulating and monitoring the cost of your food. This is extremely important in appealing to your customers and the general public.
One of the biggest reasons the population of the United States of America enjoys fast food is how cheap it is. For just one dollar you could buy a taco, a hamburger, or fries. Combined with the speed of the making the food, fast food produces extremely large revenue based on cheap ingredients.
A good restaurant management tip is to always know and understand what you are putting into your dishes. If you are putting swordfish steaks in a meal and selling it for four dollars per meal you will not make any money. In fact you will lose it.
This is why monitoring of your meal costs is so important. It is the same way backwards. If you decide to charge fifty dollars for a cheap beef burger and fries then no one would come to your restaurant and order the expensive food.
This is why a good restaurant management tip is to know what is in your food. If you understand and know the costs of each dish you can charge accordingly that will make the most money for you and bring in the most customers.
Based on the types of food you put into your dishes you are able to optimize profit by setting the best cost for your dishes.
Another good restaurant management tip is to always conserve your food. There is no point buying 100 steaks if you know only about fifty people will show up and buy the steaks. That is a good fifty steaks down the drain, almost quite literally.
It is important to know how much you need to order and how much you will sell. A good restaurant management tip is to simply find an efficient balance. If you order too little food, you will have unhappy customers who will leave your restaurant displeased and hungry.
Controlling the amount and type of food you order will be about what you want your restaurant's image to be. There is no point buying expensive raw fish items for sushi when you are running a steak house.
That is why it's always a good restaurant management tip is to always know what you are selling and who you are selling to. Not many people who are going to a steakhouse or a diner will want to order items like sushi and curry. They are there for the steaks and other red meats, not raw fish.
In summary supervising and examining the cost of your food is extremely important in the restaurant business. The secret is to find that balance of the amount of food your order, and the amount of money you are charging to your customers.
Once you find that balance, and with a good staff, and good advertising it is guaranteed your restaurant will succeed.
Chef Mickey is a professional Chef & restaurant Consultant - check out this site for more great tips and information on running a restaurant for maximum profits: [http://www.chef-mickey.com/blog]
You can also read more great info by clicking here now!
Article Source: http://EzineArticles.com/expert/Mickey_Bates/756782
One of the most important parts of restaurant management is simply regulating and monitoring the cost of your food. This is extremely important in appealing to your customers and the general public.
One of the biggest reasons the population of the United States of America enjoys fast food is how cheap it is. For just one dollar you could buy a taco, a hamburger, or fries. Combined with the speed of the making the food, fast food produces extremely large revenue based on cheap ingredients.
A good restaurant management tip is to always know and understand what you are putting into your dishes. If you are putting swordfish steaks in a meal and selling it for four dollars per meal you will not make any money. In fact you will lose it.
This is why monitoring of your meal costs is so important. It is the same way backwards. If you decide to charge fifty dollars for a cheap beef burger and fries then no one would come to your restaurant and order the expensive food.
This is why a good restaurant management tip is to know what is in your food. If you understand and know the costs of each dish you can charge accordingly that will make the most money for you and bring in the most customers.
Based on the types of food you put into your dishes you are able to optimize profit by setting the best cost for your dishes.
Another good restaurant management tip is to always conserve your food. There is no point buying 100 steaks if you know only about fifty people will show up and buy the steaks. That is a good fifty steaks down the drain, almost quite literally.
It is important to know how much you need to order and how much you will sell. A good restaurant management tip is to simply find an efficient balance. If you order too little food, you will have unhappy customers who will leave your restaurant displeased and hungry.
Controlling the amount and type of food you order will be about what you want your restaurant's image to be. There is no point buying expensive raw fish items for sushi when you are running a steak house.
That is why it's always a good restaurant management tip is to always know what you are selling and who you are selling to. Not many people who are going to a steakhouse or a diner will want to order items like sushi and curry. They are there for the steaks and other red meats, not raw fish.
In summary supervising and examining the cost of your food is extremely important in the restaurant business. The secret is to find that balance of the amount of food your order, and the amount of money you are charging to your customers.
Once you find that balance, and with a good staff, and good advertising it is guaranteed your restaurant will succeed.
Chef Mickey is a professional Chef & restaurant Consultant - check out this site for more great tips and information on running a restaurant for maximum profits: [http://www.chef-mickey.com/blog]
You can also read more great info by clicking here now!
Article Source: http://EzineArticles.com/expert/Mickey_Bates/756782
