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Introduction to Food Costing

Food cost is the process by which the material or physical assets owned by an establishment are safe guarded, as the property needs these assets in order to make a profit. Food cost is simply the total cost of your food net of existing inventory. Usually beverage costs are counted separately but occasionally these are [...]

By | 2017-03-27T10:45:39+00:00 March 27th, 2017|Food Costing|2 Comments

Restaurant Revenue Forecast and Cost Control

It is very similar of the restaurant and room service forecasting process is to the rooms forecasting process. The forecasting process includes forecasting customers and average checks to calculate restaurant and room service revenues. The weekly forecast will be prepared day by day and added up for the total weekly customers, average check, and revenues. [...]

By | 2017-03-18T17:26:01+00:00 March 4th, 2017|Management|5 Comments
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