Remove Insurance Remove License Remove Reference Remove Seasonal Menu
article thumbnail

Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. You can also use this to keep track of other costs, such as insurance, license fees, repairs and maintenance, and the actual costs you incurred for a better and closer comparison.

article thumbnail

How To Start A Small Restaurant In The Spring

MBB Hospitality

Yes, the Winter season might slow things down depending on the location. You’ll learn the tips on selecting a prime location, creating a profitable menu, deciding on a budget, and hiring a staff. Your budget should cover the costs tied to research, inventory supplies, licensing fees, staff wages, and the usual overhead costs.

License 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Typical Restaurant Overhead Costs and Expenses

BNG Point of Sale

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. The costs in this budget include the rent payments, the salaries, insurance, property taxes, and everything else. Alcohol licenses .

article thumbnail

9 Restaurant Cash Flow Tips for Your Recovery and Beyond

Restaurant365

Cash flow refers to the amount of cash coming into your restaurant minus the amount of cash going out on a daily, weekly or monthly basis. Common fixed costs include: Rent, insurance, and property tax. Licenses and permits. Variable costs are expenses that vary in proportion to the total menu items you sell.

article thumbnail

How to Cook a Direwolf

EATER

It was April 2017, a seventh season of the show would air in a couple of months, and a friend had come to Chicago to attend this dinner with me, not because we loved Game of Thrones — neither of us had watched for years at that point — but because the idea of a fannish dinner was exciting. Martin’s book series A Song of Ice and Fire.