Restaurant Recipe Costing (the easy way!)

Restaurant Recipe Costing
(the easy way!)

Recipe costing tools claim to make recipe costing easier for you. But do they really? Watch today’s video to find out why I don’t think they do and what you can do to make this task easier.

This video might spark a little controversy, and believe me, I’m ready for it! Much like inventory, I don’t believe the average restaurant owner or operator needs to spend much time on recipe costing. There are many more valuable ways you could be spending your time that have a stronger effect on your top line growth (and that’s where the money’s at folks!).
 

Must See Video Highlights:

1:10 – Software tools are cool but they really don’t make recipe costing any easier.
1:40 – One thing to watch out for when looking at these tools
2:40 – Guests only care about what they have to pay so what’s the point?
4:20 – Why you’re not getting a perfect recipe cost anyway
5:15 – An 11 unit restaurant prioritized “fancy tools” over actual numbers.
6:50 – What most restaurants SHOULD be doing instead.
7:40 – The kind of restaurant that should consider high-end recipe costing software
8:15 – Quickly figure out your CoGS.
10:00 – Stop going down the rabbit hole of “perfect software”
12:00 – Be a topline type of guy/gal.
12:25 – A better way to cost out your menu items using supply and demand

LEAVE YOUR QUESTIONS & COMMENTS BELOW FOR RYAN

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