Rising costs: F&B operators turn to cheaper ingredients, technology
02-05-2022, 12:14 PM
02-05-2022, 12:29 PM
(02-05-2022, 12:14 PM)Hfourhappy Wrote: https://www.facebook.com/129011692114/po...571287115/
Buy cheap sell expensive lah! 1 egg cost 30¢ sell you at 80¢ mah! They earn 50¢ per egg lah!
02-05-2022, 12:30 PM
Have to see , some actually profit a lot but " act pity "
02-05-2022, 12:43 PM
(02-05-2022, 12:29 PM)cheekopekman Wrote: Buy cheap sell expensive lah! 1 egg cost 30¢ sell you at 80¢ mah! They earn 50¢ per egg lah!
the golden ratio for f&b is food cost is 30%... 30% rent... 30% man power.... 10% profit. after misc cost, you are lucky to have net profit of 5%... based on this ratio, egg has to sell for at least $1... also, need oil and gas to cook...
02-05-2022, 12:57 PM
Cheaper and lesser ingredients
From sambal to nothing
From lettuce to cabbage
From mince pork to ?
From sambal to nothing
From lettuce to cabbage
From mince pork to ?
Why do we need 5 Mayors and 80 PAP Ministers?
02-05-2022, 01:10 PM
(02-05-2022, 12:43 PM)growthorvalue Wrote: the golden ratio for f&b is food cost is 30%... 30% rent... 30% man power.... 10% profit. after misc cost, you are lucky to have net profit of 5%... based on this ratio, egg has to sell for at least $1... also, need oil and gas to cook...
The profit is x times lah.
02-05-2022, 02:29 PM
(02-05-2022, 12:43 PM)growthorvalue Wrote: the golden ratio for f&b is food cost is 30%... 30% rent... 30% man power.... 10% profit. after misc cost, you are lucky to have net profit of 5%... based on this ratio, egg has to sell for at least $1... also, need oil and gas to cook...
Rentals super high so they add into your costs lah!
« Next Oldest | Next Newest »
Users browsing this thread: 1 Guest(s)