Food spend… it’s one of the Big 3.
And that means it’s really important that you get it right.
As a restaurant, 1/3 of your budget goes to food spend… and by default that makes it a big ticket item in your budget, but it’s more than that… it can also be a business killer if you don’t manage it closely.
The reality is that food prices have steadily risen… the NRA says by 25% over the past 5 years... and sadly this has translated into shrinking margins for everyone.
So when you talk about managing food spend… it’s do or die for restaurants.
Controlling your food spend isn’t a choice… it’s a necessity. Figure out a way to manage it properly or risk the fate of closing your doors for good.