Restaurant businesses are advantageous if you have good planning and management. The main reason most buffet restaurant are not able to manage finance. A big menu list, a great staff, management team and equipment and accessories for buffet have great cost dealing. Mostly buffet restaurants suffer losses as they are not able to keep their cost in check. Buffet restaurant food cost control constitutes a significant part of total costs.
Form the raw materials cost till the storage and wastage of food all come under the food costing of buffe restaurant. You can busy commercial countertop refrigerator and freezer for keeping food fresh and presentable. Moreover, cost control takes corrective and preventive measure to keep a healthy and positive ratio between expenses and finances.
There are many factors that are affecting the buffet restaurant’s food cost. To raise the food cost, restaurateurs can neither compromise on the food quality nor compromise with buffet table and other services. Moreover, the increase in price can cause loss of customers. To help buffet owners strike a balance between food cost quality, menu rice and most importantly customer’s satisfaction. Following are some awesome ways to control food cost in buffet restaurant.
Buying raw material:
When it comes to buffet restaurant, maximum discrepancies in food costs occur when raw material are being purchased from the market. As the list of the menu of buffet restaurant have many items. Quality and quantity, both should be best. Everything that are bought for restaurant needs to be weighed and measured to ensure the right amount.
Yield management for restaurant:
To control the food cost, you need to work around the yield of each ingredient. This management is an important part to consider, when it comes to controlling the cost of food. As he ingredient ordered amount, will be dependent on yield that it provides. You can try to boost the yield for some ingredients by reusing.
Storage and waste control:
Another way of controlling cost of food is its storage. As the amount of food in buffet restaurant are very high. Each section should be filled properly. Even the raw material should be stored in a way that increase shelf life and usage. To reduce wastage, it is very important to plan when and how much to order by keeping the product in mind and its shelf life.
Check inventory regularly:
Always keep track of inventory at restaurant regularly. At least once a week, attempt to take inventory. It is important for buffet restaurant in an effort to better understand the kitchen stock. As the inventory is directly related to the food cost and give understanding how much is being spent every day on buffet food.
Reporting and accounting:
When the question of food costs of buffet restaurant raised, reporting and accounting is the best answer. Reporting each and every item used and ordered. Moreover, accounting for overall finance related to inventory will give owner a clear picture of buffet restaurant food costs. It simply enable to manage with ease.
Many aspects are required to run a successful restaurant business. it is very important for restaurant owners to maintain a healthy balance between the expenditure and revenue is very crucial. Any buffet restaurant is known because of its food, staff and price list.