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Food and Beverage Cost Control

The recent sudden surge in food & beverage prices is having an impact on everyone, however recent figures show that restaurants, pubs and hotels are among the worst hit by inflation and the uncertainty arising from Brexit.

This one day course has been designed to help delegates understand pricing methods and the control of gross profit, as well as assisting them with the effective execution of daily financial tasks such as ordering, purchasing and gross profit calculation. Since staffing costs tend to be a significant expense alongside food costs in food and beverage establishments, the course will also cover wage and salary controls. The course is based on the recommendations of the Uniform System of Accounts for the Lodging Industry, 11th Edition.

Contact us to receive details on the next available course.

This course is also available for delivery within your own organisation through workshops and online.

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Course Details

This course is ideal for those who are looking to develop or refresh their financial skills including:

Food service managers and supervisors

Supervisors in catering with responsibility for costs

Catering staff new to finance

Food and beverage cost controllers

Designed for all types of catering operations, this one day course provides the opportunity to review your purchasing cycle in depth, as well as ensuring selling prices are correct and gross profit margins maximised.

To view a taster featuring 10 top tips for controlling your Food GP%, click the link to watch a short video: 10 Tips for controlling your food cost percentage

Course Flyer to download

The Outcome

What will the course help you to do?

  1. Understand how to purchase, receive and store food products with a cost effective approach
  2. Compute the cost of food used
  3. Compute the actual cost of a menu item compared to the planned cost
  4. Develop labour standards and employee planning schedules
  5. Analyse and evaluate labour usage
  6. Analyse other expenses in terms of fixed, variable or mixed

All participants will receive a Certificate of Attendance.

Course Delivery

The course has been developed by Debra Adams - author of the highly acclaimed textbook "Strategic Management Accounting for the Hospitality, Tourism and Leisure Industries"

The day is complete with course notes and refreshments and is supported by 14-days access to our online study centre. Taking a practical approach, the course is highly interactive and consists of a series of worked examples, case studies and discussions.

Other Information

arena4finance is proud to be the provider of professional development programmes in Financial Management and Revenue Management for HOSPA (formerly BAHA, the British Association of Hospitality Accountants).

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