Eight (Non-Traditional) Strategic Accounting Secrets To Profitable Restaurants In 2023
By Gabrielle F. Mather, Founder & CEO of Restaurant Secrets Inc
As a restaurant owner, it is crucial that you understand how smart restaurant accounting can bring you closer to profitability and sustainability. Because of the huge impact of cost of goods (COGs) on the bottom line due to the nature of business (i.e. buying raw material, cooking the food, and selling for profit), it's important that restaurateurs understand how to compute and monitor prime costs so that their business is actually profitable.
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