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Understanding your restaurant's COGS (cost of goods or cost of sales - the cost of the goods you purchase and utilize to create revenue), is the key to success for every well-run restaurant. As every operator knows, industry margins are paper-thin. To become profitable, it's imperative that you gain a true handle on how to control COGS in your restaurant. There are very distinct nuances related to the management of food and beverage costs. Throughout this podcast episode, we will focus our attention more specifically on how to calculate and control liquor cost, why understanding liquor cost is so important, and how to properly manage liquor in restaurants.
Watch the full Video: https://www.youtube.com/watch?v=l_j8iz7FGi4
Read the full Blog Post: https://rasiusa.com/blog/how-to-accurately-calculate-liquor-cost-in-your-restaurant-or-bar
Social Handles:
RASI Instagram: https://www.instagram.com/rasinc__/
RASI Twitter: https://twitter.com/RASInc_
RASI Facebook: https://www.facebook.com/RestaurantAccountingServicesInc
RASI LinkedIn: https://www.linkedin.com/company/restaurant-accounting-services-inc-rasi
By RASI - Restaurant Accounting Services Inc.4.5
1010 ratings
Understanding your restaurant's COGS (cost of goods or cost of sales - the cost of the goods you purchase and utilize to create revenue), is the key to success for every well-run restaurant. As every operator knows, industry margins are paper-thin. To become profitable, it's imperative that you gain a true handle on how to control COGS in your restaurant. There are very distinct nuances related to the management of food and beverage costs. Throughout this podcast episode, we will focus our attention more specifically on how to calculate and control liquor cost, why understanding liquor cost is so important, and how to properly manage liquor in restaurants.
Watch the full Video: https://www.youtube.com/watch?v=l_j8iz7FGi4
Read the full Blog Post: https://rasiusa.com/blog/how-to-accurately-calculate-liquor-cost-in-your-restaurant-or-bar
Social Handles:
RASI Instagram: https://www.instagram.com/rasinc__/
RASI Twitter: https://twitter.com/RASInc_
RASI Facebook: https://www.facebook.com/RestaurantAccountingServicesInc
RASI LinkedIn: https://www.linkedin.com/company/restaurant-accounting-services-inc-rasi