Breakeven Analysis – Or How to Figure Out Where You’ll Find Your Profit
First things first. You do not need to be a math expert to do any of the things I will discuss here. But you should learn how to do basic functions in a spreadsheet (there are plenty of YouTube tutorials), or at the very least know how to use your calculator and a pen! The […]
Why prime cost is important, but shouldn’t be your primary focus
What is Prime Cost Anyway? Prime cost is a term you hear about a lot in the restaurant industry. It is composed of your cost of goods and your labour cost but there are a few differing opinions on what should be included. Some people include the cost of supplies like parchment paper and garbage […]
