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Food and Beverage Cost Control (TUCO)

arena4finance is proud to be able to offer this one day skills development event in Association with TUCO to all those involved with the management of food and beverage operations, from head chefs to food and beverage controllers.

TUCO Academy

‘Cost Control for F&B Operations’ has the purpose of assisting all those involved with catering operations in the effective management and control of food costs, which will have a direct impact on profitability.

The course is 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.

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Course Details

Divided into these key topic areas, the course covers:

  • Best practice in purchasing and stock control
  • Menu planning, standard costing and gross profit management
  • Impact of sales mix
  • Wage and salary scheduling control
  • KPI’s for food and beverage control
  • Break-even analysis for F&B outlets
  • Action plans for profit improvement

Cost Control for Food & Beverage Operations Flyer

The Outcome

On completion of the course, delegates will be able to:

  • Understand best practice for ordering, purchasing and calculation of gross profit
  • Manage cost of sales with better forecasting, correct pricing and less wastage
  • Manage gross profit margin of promotional activity
  • Forecast wage and salary cost
  • Understand the basics of what the figures mean

All delegates will be provided with course notes and will be issued with a certificate of attendance upon completion of the day.

Course Delivery

Management Accounting for the Hospitality Industry

Cost Control for F&B Operations’ has been written by Debra Adams, author of the textbook 'Management Accounting for the Hospitality Industry' and is delivered over the course of one day by an experienced facilitator from arena4finance. The day is complete with course notes and refreshments. Taking a practical approach, the course is highly interactive and consists of a series of worked examples, case studies and discussions.

Other Information

This course is ideal for all those wishing to update their knowledge of food and beverage cost control.

Course Booking

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