[ FreeCourseWeb.com ] Restaurant Management - Pricing your menu items using data
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MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 Ch
Genre: eLearning | Language: English + .srt | Duration: 11 lectures (53m 30s) | Size: 806.3 MB
Menu pricing should be balanced between cost, overheads and market forces. Learn how to price menu items based on data
What you'll learn:
How to calculate recipe cost
how to determine ideal food cost %
how to calculate menu price based on menu cost
how overheads and fixed cost affect pricing
qualitative aspects in menu pricing
Requirements
Understanding of kitchen operations
Description
Menu pricing is the engine behind your company's success, as sales are your restaurant's sole source of revenue. Pricing for food directly impacts your ability to fund essential aspects of your business, including equipment, utilities, labor, ingredients, and more. When creating or updating your menu, follow tips in this course effectively price your menu for maximal profits.
menu pricing need to be able to cover variable and fixed costs
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