Several people have emailed me in the past few months asking how to calculate their food cost percentage. In addition, many people have asked me for an industry benchmark for food cost percentage. While the food cost formula is straight forward, it may be impossible to arrive at a true industry benchmark percentage. There are far too many industry segments with unique cost characteristics.
When you work in a commercial kitchen, wasting food is frowned upon. Unused or wasted product increases your food cost, making bosses and owners unhappy. Here are a few things that you can implement in your own home to help stretch the almighty dollar.