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Food and Beverage Cost Control - 2 half days online

With so many challenges still impacting on the hospitality sector, it has never been more critical to manage operating costs, such as the cost of food and beverage as well as payroll and related costs to ensure the return to trading normally is profitable and sustainable. Fluctuating food costs, challenging recruitment issues and the need to reduce wastage means that Food and Beverage Controllers should ensure that every aspect of the purchasing cycle and the costing process through to menu design and pricing is designed to maintain profitability.

‘Food and Beverage Cost Control’ has been designed as an online course to help all those in catering businesses who need to manage food and beverage costs, from purchasing through to selling products. The seminar has been designed to help participants understand pricing methods and the control of gross profit as well as assisting with the effective execution of daily tasks such as ordering, storage and issuing stock. Since payroll costs tend to be a significant cost for many, the course will also cover wage and salary controls.

Who will benefit from this course?

All those required to deliver profit from food and beverage operations including chefs, F&B controllers and restaurant managers.

Cost Control Flier

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Course Details

What will I learn?

Divided into six key topic areas, the course will cover a range of financial and management accounting topics for chefs and all those involved in F & B cost control:

  • Best practice in purchasing and stock control
  • Menu planning, standard costing & gross profit management
  • Impact of sales mix and menu engineering
  • Wage & salary scheduling control
  • KPI’s for food & Beverage control
  • Action plans for profit improvement

The Outcome

How will this course help me?

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 & salary cost

• Understand the basics of what figures mean

On completion delegates will have the opportunity to complete an online assessment to earn a Certificate of Achievement.

Course Delivery

How will this course be delivered?

Cost Control for F&B Operations’ is delivered over the course of four 90 minute online sessions on two half days by Debra Adams, the founder of arena4finance. Taking a practical approach, the course is highly interactive with polls and quizzes and consists of a series of worked examples, case studies and discussions. Delegates will find that they will come away with lots of learnings and a smile of satisfaction!

What does it cost?

The cost per place on the course is £195 + VAT

Other Information

What do others think?

“On behalf of CMAE England, may I thank you so much for a very successful finance seminar. The seminar was a triumph and we have received some of the best feedback from our members. These include: ‘Fantastic course for a day session’ ‘Excellent course, very informative’ ‘Training given with enthusiasm and presented in a very professional way’ ” Alastair Curbbun CMAE England Education

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