How to Manage Your Restaurant’s Inventory
If you own a successful restaurant, there’s a good chance you’re almost always in a state of urgency. You probably wake up each morning with the goal of having a busy yet problem-free service that day. However, restaurant owners can’t simply take it one day at a time. It’s important to save some time to […]
Why Your Inventory Count Is So Important
Counting your inventory correctly is critical because it’s used to calculate one of the most important financial indicators for some types of business – Cost of Goods Sold (COGS). Specifically, the calculation of COGS is beginning inventory (what you already had) plus purchases during the period (what you bought new and added to the beginning […]