Businesses must carry out year-end inventories to meet tax requirements and to gather accurate data for financial statements. For some businesses, a complete physical inventory can be a major ...

Restaurants and other retail food establishments must carry inventory to provide services to customers. Because all inventory costs are expenses incurred by the restaurant, they become a component of ...

Food costs often have the leading impact on restaurant margins, accounting for between 25 and 38 percent of total operating cost, according to Steven Buckley of Demand Media. However, small ...