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Thursday, May 10, 2018

Beat Your Food Cost Budget

One of the best ways for most food service operators to lower their cost of goods sold is to develop and promote fantastic side dishes.
For years, many restaurant patrons praised the french fries at McDonald's. McDonald's bundled the popular fries and high profit fountain drinks into value meals. These value meals help McDonald's increase revenue and profit with 2 relatively low cost items.
The person who originally recommended Outback Steakhouse to me years ago made sure I knew to order the Bloomin Onion. The delicious onion dish is very profitable. At the time, this person stopped going to other steak house restaurants just to order the onion dish.
Many independent restaurants have a low cost item ordered by most of the patrons. Focusing on root vegetables and other ingredients available year round is a good strategy.
Baked goods are also very good for your gross profit. This is true whether you charge extra or offer complimentary baked goods. Excellent baked goods (bread, rolls, nan, pita, tortillas, etc.) often attract customers to a specific brand in crowded markets. Often the baked goods and salad bar are considered when patrons choose a casual dining destination. While the salad bar cost varies widely by season, baked goods are not subject to wide cost variances.
Taking a closer look at salad bars, there are plenty of ways to lower your costs. Salads may use starchy items including potatoes, rice, pasta and couscous. Create a "to die for" salad using these cost effective items. Mediterranean foods are very popular and there are many great salad ideas to choose from including those found in a great tapas cookbook.

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