F&B FLORIDA 2019

The Theory of Profitability: Understanding Theoretical Food Cost (Room W208 B)

15 Sep 19
12:00 PM - 12:50 PM

Tracks: Florida Restaurant & Lodging Show, Operational Excellence

This presentation focuses on how theoretical food cost is calculated, understanding the key ingredients in this recipe for success, and using this critical knowledge to target areas to save money. It will take a look at the baseline food cost calculation, what key items need to be tracked to reach a theoretical food cost, and how to analyze the difference between your theoretical cost and actual cost.