+
Not About Food

Small shop accounting?

mikelovin | Dec 21, 201608:52 AM     6

I have just opened up a small rotisserie take away shop. This is my first time doing anything like this, I love to cook, and so my friends say, I am quite good.

I am a systems engineer so i have no clue how costs and profits are calculated in the food industry.

I know I have cost like rent, electricity etc, also the cost of my raw chicken and fries.

What I would like to know is how do you calculate profit per item?

For example;

1 whole chicken costs me 3
I sell it for 6.5

But profit is not 3.5, because I used gas to cook it for example.

Maybe I am looking at this all wrong because of my IT background and experience.

If there are any examples or articles out there I would love to read up on it.

Thanks!

Want to stay up to date with this post? Sign Up Now ›

Recommended from Chowhound

See what's new!
View latest discussions ›