Restaurant Inventory Valuation: Best Food Costing Methods

If you had to sell your restaurant today, would you know how much it's worth? A lot of a restaurant’s value is tied up in the value of its inventory. Inventory valuation is a major factor in calculating your net profit, as well.But how do you determine the value of your inventory, and how does it apply to your restaurant’s profitability? In this article we’ll explore the various methods of inventory valuation and how they affect your bottom line. And we’ll take a close look at food costing methods for various restaurant scenarios.