Monitoring food cost, the percentage of total restaurant sales spent on food product, is critical to a restaurant’s success. By monitoring inventory, eliminating waste and ordering wisely, controlling food costs effectively can be simple and easy.
A restaurant profit and loss statement displays a business’ revenues and costs over a specific period of time. This important ledger can effectively track business growth, if you know exactly what items belong in a profit and loss statement. Since understanding a profit and loss statement is difficult, we’re here show you the way.
