How to Cost Your Restaurant Menu and Price for Profit

How to Cost Your Restaurant Menu and Price for Profit

Guide to Recipe Costing, Yield, and Food-Cost Percentage for Canadian Restaurants TLDR Most restaurant menus are priced by looking at what the place down the street charges and adding a little. That’s not costing. It’s guessing with extra steps, and...
Preventing Theft and Waste in Restaurants

Preventing Theft and Waste in Restaurants

The COGS Split: Exposing Theft and Waste in Canadian Restaurants TLDR The average Canadian restaurant survived 2024 on an operating profit margin of 4.1 per cent. Sector-wide, operating revenue reached $99.6 billion against $95.5 billion in expenses, with cost of...
Stop Saying Yes to Deals That Drain Your Restaurant Dry

Stop Saying Yes to Deals That Drain Your Restaurant Dry

TLDR: A strategic guide for Canadian restaurant owners on designing a profit floor Most restaurant owners evaluate new opportunities by gut feel, and it costs them. A profit floor is a single number (a minimum gross profit per guest, per hour, or per event) that every...