Tag Archives: restaurant operations

Determining Menu Pricing at your Restaurant

menulabeling

One of the most difficult aspects about managing a restaurant is deciding your price points. You have to take into account your costs, your competition and your target market. You may have a handful of menu items or dozens. Where do you start? Read more from Synergy Restaurant Consultants.

What is Prime Cost in the Restaurant Industry?

By Brad Miller, Operations Associate

Image credit: Flickr by 401(K) 2013

Image credit: Flickr by 401(K) 2013

In the restaurant business, a lot of percentages are thrown around as gauges of success or financial health. Food cost, liquor cost, occupancy cost, labor cost, controllable costs… just to name a few. None are more important, however, than the big one: PRIME COST.

Read on: restaurant prime cost