Food costing is one of the most stressful aspects of managing your restaurant’s profitability because it’s based on so many variables. Doing the proper research into certain aspects of the market and managing your inventory consistently can help you find the right food costing solutions to your restaurant’s profit margins.
How do you do that? Here are 5 food costing solutions that are popular among restaurant managers as solutions to problems of profitability.
1. Keep track of the food market
There are statistics available that track food prices over time, which will tell you whether fruit or veal is predicted to increase or decrease in price in the coming months.