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Understanding Restaurant COGS: A Comprehensive Breakdown
What are Restaurant COGS? COGS or cost of goods sold are the materials that are directly attributable to your product. In the case of restaurants, cafes, and Bakeries this is ingredients that make up your food and beverage. COGS come right after your revenue on the profit and loss statement. Revenue - COGS = Gross profit. (Revenue - COGS) / Revenue = Gross Margin These are extremely important to know as it lets identifies how much it costs to even make your dishes and also to
Drake
Oct 23, 20242 min read


Welcome to Exec Financials' Blog "Kitchen Cashflow". We are restaurant accountants.
We get down to the nitty gritty of restaurant finances and how to improve the money you take home. We will dive into Restaurant COGS (Cost of Goods Sold), Prime Costs (COGS & Payroll), and even more technical stuff such costing out plates and the margin you need within each plate. Make sure to subscribe to get updates for any upcoming topics. Below is more about who we are, but if you would like to get in contact please feel free to contact us using the contact page or email
Drake
Oct 3, 20241 min read
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