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Professional Restaurant Guides From Industry Experts

Whether you operate a coffee shop, bar, quick service, full service, single or multi-location establishment, you'll find actionable tips and information right here on the MarketMan blog. Don't miss a single post by signing up to our weekly restaurant industry roundup below!

All Categories Budgeting and Profit PlanningFood ManagementIndustryInventoryPartnersProduct NewsRestaurant BusinessSustainability

How to Calculate Inventory Turnover for a Restaurant

What is inventory turnover ratio? This calculation will help you closely track your inventory and manage your expenses to ensure your restaurant is profitable. Here’s how to use it:

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Reducing Restaurant Inventory Waste The Essential Guide to Maximizing Your Profit Margins

Reducing Restaurant Inventory Waste: The Essential Guide to Maximizing Your Profit Margins

How should you keep track of inventory waste in your restaurant? You need to figure out where your waste is coming from, diligently maintain waste sheets, calculate your inventory turnover ratio, and create schedules for inventory checks. 

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how to do recipe costing

How to Calculate Recipe Costs For Your Restaurant

Developing unique recipes is a fantastic way to make your restaurant stand out from the competition. Having dishes that customers can’t find anywhere else will keep them coming back again and again. But the key to creating a recipe is developing one that is not only irresistible to the palate but also profit-generating for your restaurant. How can you do that? By learning how to do recipe costing.

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