Restaurant Report

Free Newsletter - Subscribe Today

Restaurant Management
Restaurant Marketing
Restaurant Service
Restaurant Operations
Restaurant Accounting & Finance
Restaurant PR
Restaurant Design
Chef Talk
Online Store
Buyer's Guide
E-mail Newsletter
Advertising Info
About Us
Our Sister Site:

Follow Restaurant Report on Twitter

Restaurant Report on Facebook

Running Your Business:
Simplifying Cost of Goods Sold
By David Scott Peters

Anyone responsible for the day-to-day operation of a restaurant must understand what Cost of Goods Sold represents and how to complete the standard calculation.

What is Cost of Goods Sold?

What does Cost of Goods Sold refer to?  In the most basic terms, Cost of Goods Sold refers to “what the cost of the product used was to generate sales.”

The full version of this article is now available on Restaurant Report's membership site

Click here to go to the article page.

Copyright © 1997-2020 Restaurant Report LLC. All rights reserved.