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How to Setup and Use the Weekly Prime Cost Template | RestaurantOwner
How to Setup and Use the Weekly Prime Cost Template

The Weekly Prime Cost Template is a series of integrated worksheets designed to generate one of the most valuable weekly reports in any foodservice operation – the Weekly Prime Cost report. This course will lead you step-by-step through the process of setting up the template and using it.

How to Setup and Use the Weekly Prime Cost Template

About This Course

Category:

Financial

Recommended For:

Owner, General Manager, Kitchen Manager, Bookkeeper

Learning Time:

35 minutes 44 seconds

What You Will Learn

The Weekly Prime Cost Template is series of integrated worksheets designed to efficiently capture sales, purchases, payroll and inventory information to generate one of the most valuable weekly reports in any foodservice operation – the Weekly Prime Cost report. The template comes in versions for full-service restaurants serving alcoholic beverages and limited or quick-service restaurants..

This course will lead you step-by-step through the process of setting up the template and using it. We’ll help you decide the appropriate version of the template for your restaurant, including tips on modifying it to fit your exact needs.

  • How to Setup and Organize a Weekly Prime Cost System
  • Step-by-Step Instructions for Recording Weekly Activities
  • Using the Prime Cost Reports to Spot Potential Cost Control Problems
  • How to Use the Trend Analysis to View Performance over Several Weeks
  • Tips on Creating New Reporting Week and Saving History

Instructor: Joe Erickson


Joe Erickson

Joe brings his extensive experience in restaurant management to the forefront. With a background that spans Luther's Catering, Sunset Dinner Cruises, Bobby Mac's, Nicole's Cafe San Felipe, and Truluck's Steak and Stone Crab, he's consistently driven innovation. Joe's primary focus lies in creating streamlined systems and processes that enhance restaurant efficiency, elevate product utilization, and, most importantly, ensure a consistent and exceptional guest experience.

Section 1
Getting Started
Getting Started
  • 1.
    Overview
    1:08
  • 2.
    Setup and Organization
    4:27
Section 2
Weekly Activities
Weekly Activities
  • 3.
    Purchases
    4:31
  • 4.
    Labor
    3:41
  • 5.
    Sales
    2:06
  • 6.
    Weekly Inventory Values
    3:22
  • 7.
    Review Prime Cost Reports
    5:20
  • 8.
    Weekly Activities Quiz
    2:00
Section 3
Create New Reporting Week
Create New Reporting Week
  • 9.
    Copy to New Workbook
    1:16
  • 10.
    Transfer Prior Week Values
    2:13
  • 11.
    Clear Previous Values
    3:37
Section 4
Course Summary
Course Summary
  • 12.
    Review
    2:03

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