3 Facts Restaurants Should Know About Inventory
How important is taking inventory?
Well, you allocate between 25 to 35 percent of your operating budget to purchasing food, so proper inventory management can stretch a significant portion of your budget. Like it or not, how you approach taking inventory at your restaurant is critical to the success of your small business.
And whether you’ve been taking inventory for years or you’re just starting out, there are essential tactics about inventory you may not be aware of, but that are crucial for doing this task well.