The 5 Best Ways to Control COGS (ENCORE)

Episode 350 June 13, 2024 00:21:47
The 5 Best Ways to Control COGS (ENCORE)
RESTAURANT STRATEGY
The 5 Best Ways to Control COGS (ENCORE)

Jun 13 2024 | 00:21:47

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Show Notes

#350 - The 5 Best Ways to Control COGS (ENCORE)

 

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REGISTER NOW for the P3 PROFITABILITY SUMMIT (July 14-16, 2024 in St. Louis, MO): https://www.chipklose.com/events/ticket-p3-profitability-summit

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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

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