Cookies on HFTP Bytes

This site uses cookies to store information on your computer. Some are essential to make our site work; others help us give you the best possible user experience.
By using the site, you consent to the placement of these cookies. However, you can change your cookie settings at any time. Read our Privacy Notice to learn more.

I understand
  • Next Event

    HITEC DUBAI

    Hospitality Industry Technology Exposition & Conference

    December 5–6, 2018
    Dubai, UAE

  • Upcoming Event

    HITEC EUROPE 2019

    Hospitality Industry Technology Exposition & Conference

    April 10–11, 2019
    Palau de Congressos
    Palma, Mallorca - Spain

  • Upcoming Event

    HITEC MINNEAPOLIS

    Hospitality Industry Technology Exposition & Conference

    Minneapolis Convention Center

    June 17-20, 2019

How Restaurant Industry Software Cuts Food Cost

The Restaurant Expert 20 September 2018
What can restaurant industry software do to help you reduce your food cost? I used to be a spreadsheet geek, and I think that’s what made creating a specialized restaurant industry software for independent operators so much fun – there’s no need to be a spreadsheet geek! Now you can use software to document and automate your restaurant systems. This puts controls in place that allow you to make adjustments to save money and it saves you time so you can focus on other ways to save in the restaurant.

Two Restaurant Business Myths Busted

The Restaurant Expert 13 September 2018
Has your gut instinct ever told you what your chef is telling you about food cost isn’t right? How about a general manager guessing what menu items should cost based on a formula? There are many restaurant business myths in the restaurant industry when it comes to figuring out food cost. Watch this video to learn two that drive me crazy and how I bust those food costing myths.

Why Are Recipe Costing Cards Important?

The Restaurant Expert 6 September 2018
Ever wonder why are recipe costing cards important? Why you have to do them? After all, you generally know what your protein costs. You generally know what the rice costs. You think you can price these things because you have it all stored in your head. Well, let me tell you, if you generally know what things cost, you generally aren’t making any money. You’re not dealing with dollars here – you’re dealing with pennies, and you have to make every penny count. In this video I explain why recipe costing cards are important.

How to Find Your Actual Food Cost

The Restaurant Expert 30 August 2018
Actual food cost is an important number to know because it’s one of the numbers you need to know to find your target food cost. In the most basic terms, food cost represents how much food left your shelves divided by the amount of gross food sales you did for that period, before discounts are removed and not including sales taxes.

Reduce Food Cost 2-3% Overnight

The Restaurant Expert 16 August 2018
How would you like to reduce food cost 2-3 points overnight? How would you like to overcome rising food prices in seconds? Watch this video to learn how to reduce your food cost virtually overnight.
commercial

Basic COGS Calculation

The Restaurant Expert 26 July 2018
Have you ever wondered what the actual cost of goods sold calculation is for your restaurant? It may be the most important calculation you make in your restaurant. Read further or watch the video to learn why this is true and what the basic cost of goods sold formula is for restaurants.
commercial

How to Set Restaurant Menu Prices

The Restaurant Expert 4 May 2018
Have you ever wondered how to set restaurant menu prices? Have you ever heard the “three-time markup” or average recommendations? I go nuts when I hear those kinds of blanket suggestions. You’re not average! How do you know if your market can handle such a markup? Watch this video to learn how to set restaurant menu prices.

Request Information

Thank you for your request, we will get back to you as soon as possible.
Close
Please enter your contact details below and we will get back to you with the requested information as soon as possible.
An error occured, please check your input and try again.


CancelSubmit

Newletter

Thank you for subscribing. Your email address has been added to our mailing list.
Close
To subscribe to the HITEC Bytes Newsletter please enter your email address below.
An error occured, please check your input and try again.
CancelSubscribe