How to Calculate Food Cost PercentageFood cost is one of 3 giant expenses that take a bunch of your margins. If you don't know your food cost or how to manage it, you'll be in big trouble. It is one of the numbers you MUST understand well and tinker around.
Useful Websites
Costing Your Restaurant MenuCreating a menu for your restaurant can be enjoyable experience; it can also be a chore especially when you do not have to the correct tools with which to work. Chefs often liken it to picking out names for a new baby. You can play around with terms and mix the different foods together to see what looks great together.
Counting the Costs : A Guide to Menu & Food CostingFor someone new to the food service industry, pricing food for sale in a cafe or restaurant may appear as simple an equation as: ‘Cost of ingredients’ + ‘An adequate profit margin’.
Recipe CalculatorUse our recipe calculator to help you devise the right quantity, ingredients and costs.
Books in the Library
Basic Hotel and Restaurant Accounting by Raymond CoteToday's business technology and competitive environment demand much more from hospitality accounting texts that just focusing on the traditional methods of accounting. It is imperative that accounting not be treated as a glorified bookkeeping course; merely discussing debits and credits, journalizing and other routine accounting processes is not enough to meet today's business and employer standards.
Publication Date: 2006
Cookery for the Hospitality Industry by G. DodgshunCookery for the Hospitality Industry remains Australia's most trusted and reliable reference for commercial cookery students, apprentice chefs and those studying vocational courses in schools. It covers the essential skills, methods and principles of cookery as well as the core competencies listed within the Australian National Training Package for Commercial Cookery.
Publication Date: 2011
Foundations of Cost Control by Daniel TrasterCost Control: A Fundamental Approach will inspire you to learn cost control as an essential skill for any future chef or foodservice manager.
Publication Date: 2012
Hospitality & Restaurant Marketing by NRAThis book contains learning activities, case studies, professional profiles, research topics and more that support course objectives. The text and exam are part of the Manage First Program from the National Restaurant Association (NRA).
Publication Date: 2012
Hospitality Accounting by NRA"This book focuses on Hospitality Accounting topics. It includes essential content plus learning activities, case studies, professional profiles, research topics and more that support course objectives" -- distributor website.
Publication Date: 2012
Hospitality Management by by Lyn Van der WagenThis book provides the foundation knowledge needed for the role of a hospitality manager. This edition continues to combine theory with a skills building approach to explain the key principles of hospitality management at a supervisory, line management and senior management level.
Publication Date: 2019
Managerial Accounting for the Hospitality Industry by L. DopsonThough not all hospitality students want to be accountants, managerial accounting is a crucial skill for all hospitality students. Written for aspiring hospitality managers rather than accountants, this resource focuses on how accounting principles apply directly to hospitality management.
Publication Date: 2008
Principles of Food & Beverage Management by NRAThis text focuses on principles of food and beverage management topics. It includes essential content plus learning activities, case studies, professional profiles, research topics and more that support course objectives.
Publication Date: 2012
Purchasing by Andrew Feinstein and others.Purchasing: Selection and Procurement for the Hospitality Industry, 9th Edition;is a learning-centered text that includes several pedagogical enhancements to help students quickly acquire and retain important information. It is written for those who will be involved with some phase of purchasing throughout their hospitality careers.