Quote:As a business owner myself I can assure anyone prices are reflective of our costs. That is why you have "market price" listed on some items in the menu. Those products which have huge fluctuations in price will be listed as market price to make certain they are not sold at a loss.

 

Wages are also a cost item on the ledger sheet. When labor costs go up the price we charge for products must cover that increase or the product is sold at a loss because the labor costs, purchase price, electricity, business licenses, etc. etc. are all part of the cost of selling that product.

 

Regards................the Chiefjag