Prime Costs Formula: COST OF GOODS SOLD (COGS) + TOTAL LABOR COST = PRIME COST. If you’re not a fan of math equations, there’s a simpler way to look at it. Prime cost …

In this article, you’ll learn what restaurant prime costs are, how to calculate your prime cost number, restaurant accounting and cost control strategies for lowering these direct costs, and …

Prime cost is the most significant expense for your restaurant, combining labor and COGS (Cost of Goods Sold). To lower your prime cost, set specific goals and use your tools and analytics …

2024年12月12日 · What are prime costs? A restaurant’s prime cost consists of its two essential costs: The cost of goods sold (restaurant COGS), which includes expenses related to food and …

The prime cost of a successful, sustainable restaurant is approximately 60% of total food and beverage sales. Learn how to calculate your restaurant prime cost.

2024年10月30日 · In this blog, we'll break down the prime cost formula, explain how to calculate your restaurant's prime cost, and share strategies to help you maintain a healthy prime cost …

2023年11月30日 · Restaurant prime cost is the total cost of goods sold (COGS) plus labor costs. Cost of goods sold includes all the expenses that go into making a dish or drink, such as …

2024年9月9日 · Prime cost, which combines food and labor expenses, is a crucial component in determining profitability and operational efficiency. This ultimate guide provides a thorough …

Prime cost is one of the most important key performance indicators for your restaurant. As a value, your prime cost is the total sum of your labor costs and your cost of goods sold (CoGS), …

Learn how to accurately calculate restaurant prime cost to boost efficiency and ensure lasting profitability for your restaurant.