How To Calculate Food Cost Percentage (& SAVE $$) | Cafe Restaurant Management Tips 2022
Channel: Wilson K Lee - How To Open A Restaurant / F&B Shop
Date: 2019-11-29

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👀 ABOUT THIS VIDEO
Managing your food cost is the difference between you going bankrupt or thriving. Here's how you calculate food cost percentage and build a successful restaurant food business!
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👀 ABOUT THIS VIDEO
Food cost is one of 3 giant expenses that take a bunch of your margins. If you don't know your food cost or how to manage it, you'll be in big trouble. It is one of the numbers you MUST understand well and tinker around. That is..if you want to open and run a successful restaurant or food and beverage business. 

And when restaurant margins are already so thin, you want to do as much as you can to reduce your expenses. One of them is you can control is reducing your food costs. 

I can't emphasize enough how important it is to know your numbers. 

So if you're a restaurant owner, a small business owner, or part of the restaurant management team and want learn how to calculate food cost percentage, ways to reduce food costs, food costing and pricing, or simply how to run a restaurant successfully....keep watching!

#foodcost #restaurantmanagement #wilsonklee
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📚 RESOURCES

🛠 Community & Tools
[COMMUNITY] Profitable Restaurant Owner’s Facebook Group -  https://learnnow.wilsonklee.com/PRO-GroupYT
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👤 ABOUT WILSON: 
I’m Wilson, your new restaurant business partner. I’m here to help turn your food and beverage concept into a reality with expert tips & tricks for success. 
My videos are based on years spent in the industry building multi-million dollar businesses, including my own international dessert chain (https://720sweets.com/) with locations spanning the globe. Since my franchise was acquired (2020) it’s been my mission to share this knowledge with people like you who have great ideas, but just can’t seem to break through. If I did it all with no experience, so can you. I know firsthand the struggles and mistakes most entrepreneurs make, and want to show you exactly how to avoid them. 

Find more great resources, check out https://www.wilsonklee.com/
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