*****
REGISTER NOW for the P3 PROFITABILITY SUMMIT (July 14-16, 2024 in St. Louis, MO): https://www.chipklose.com/events/ticket-p3-profitability-summit
*****
Of course, we're talking about the theoretical side of managing food cost, but this is where we should always begin. And if your COGS percentage is out of whack, there's a good chance your portioning and pricing is to blame. But the good news is that COGS problems are the best problems. Why? Because there are so many levers we can pull to fix the problem.
We can...
1) Renogiate with our vendors
2) Find a new SKU
3) Find a new vendor
4) Play with portion sizes
5) Increase the price
Hopefully this episode helps pull it all into perspective!
*****
Join me at the P3 PROFITABILITY SUMMIT in St. Louis, MO (July 14-16, 2024). Attendance is being capped at 100 people. Use the link below to get your tickets!
REGISTER NOW: https://www.chipklose.com/events/ticket-p3-profitability-summit
308 - How to Market in Reverse (ENCORE) ***** This week's episode is brought to you by: TRIPLESEAT Revolutionize your private event planning with...
#116 - INTERVIEW with EatOkra founders, Anthony & Janique Edwards ***** This week's episode is brought to you by: OVATION Get more feedback, more...
#264 - The Psychology of Price ***** This week's episode is brought to you by: SPOTON You may think of them as a POS...