3 ms·
I didn't realize the rule of thumb was 30% for a restaurant. I've always worked in retail, where a 100% markup is always a good rule of thumb.
by Declanomous 10y ago
I didn't realize the rule of thumb was 30% for a restaurant. I've always worked in retail, where a 100% markup is always a good rule of thumb.
- dragonwriter 10y agoRestaurants aren't reselling packaged goods, they are also assembling from raw, so there is both amortized cost of production equipment and labor costs associated with production that retail lacks.