2 AskBiz guides on singapore restaurant, covering Operations, Payroll and related operating decisions for SME founders.
Restaurant SGD 2M revenue, 40% food cost ratio = SGD 800K food spend. 6% waste rate = SGD 48K waste/year. Breakdown: spoilage (30%) SGD 14.4K, overproduction (40%) SGD 19.2K, poor portioning (20%) SGD 9.6K, error/theft (10%) SGD 4.8K. Fix: daily tracking by category = identify high-waste items and adjust portions.
6 min readChinese New Year (2 days): restaurant staff paid 2x (SGD 4K for 20-person team). Good Friday: 1x. Deep Avali: 1x. Thaipusam: 1x. Total 11 public holidays + 4 additional = 15 holidays/year at premium pay. Restaurant payroll 5-10% higher due to holiday premiums.
6 min read