Course: How to Manage Food Costing in the Catering and Restaurant Industry

A standardized recipe is a set of written instructions with given quantities, individual cost of food products, and portions for individual menu items that a staff member would follow to …

Looking at the diagram above, let us explain how the elements of cost make up the selling price of an item and how we can use this and apply it …

Before we start discussing food cost in more detail, lets explain the basic terms used in Food Costing: Food Cost: This is the total cost of food items that are …

Why do people open and run businesses? There are various reasons but, generally, it is to make a profit and be able to earn a living. Look at this scenario, …

Standardized recipes form the basis for the planning of the floor layout, the size, number and type of equipment and utensils needed, as well as the employees required for a …

Different types of catering operations have different types of costs that influence the ultimate profitability of the establishment. Catering establishments differ in their size, variety and types of menus, staff, …