Restaurant Advice: How Much Should You Price Your Menu Items?

Restaurant Advice: How Much Should You Price Your Menu Items?

Having your own restaurant can be an exciting and rewarding adventure. However, menu prices can be the downfall of many businesses. Typically the number one factor in deciding where to eat out, menu prices can be the determinant between success and failure.

As a restaurant business owner, there are many different approaches to figuring out how to price the items on a menu. From simply taking the food cost and multiplying it by 3 to estimating how much you think it’s worth, like tying your shoes, there are many different ways to approach it.

Before jumping into writing in prices, consider the following factors when determining the ‘perfect’ price for your menu items.
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