Food Cost Control For Success

Professional foodservice managers are faced with a wide array of challenges on a daily basis. Controlling costs, setting budgets, and pricing goods are essential for success in any hospitality or culinary business. Food and Beverage Cost Control provides the tools required to maintain sales and cost histories, develop systems for monitoring current activities, and forecast future costs. This detailed yet reader-friendly guide helps students and professionals alike understand and apply practical techniques to effectively manage food and beverage costs. Now in its seventh edition, this extensively revised and updated book examines the entire cycle of cost control, including purchasing, production, sales analysis, product costing, food cost formulas, and much more. Each chapter presents complex ideas in a clear, easy-to-understand style. Micro-case studies present students with real-world scenarios and problems, while step-by-step numerical examples highlight the arithmetic necessary to understand cost control-related concepts. Covering everything from food sanitation to service methods, this practical guide helps readers enhance their knowledge of the hospitality management industry and increase their professional self-confidence.

The success of any business depends on controlling costs, setting budgets, and pricing goods accurately. This book covers all key aspects of food and beverage cost control, revised to address current issues in the field as well as today's computer software and the capabilities of the Internet.

Today's Professional Chef must do much more than simply create and/or manage great food. With budget meetings, fluctuating food cost percentages, menu mix analysis and theories on promoting items based upon margin versus based upon food cost... there is a plethora of skills which a Chef must be competent at. This book provides an in depth, detailed analysis of how to manage your food cost to bring you and your business one step closer to being successful.Written by a Chef for Chefs, Food Cost Control for Success - a practical resource for Professional Chefs is a down & dirty, hands on practical guide for managing your food cost. While many books in the kitchen management genre deal primarily in theory, Chef Buchanan provides today's Professional Chef with both the theory and the practical instruction needed to evaluate the complex issue of food cost and move forward with actionable solutions.In the section on Sales Mix and Menu Analysis find out when and why a high food cost may actually be a good thing. Learn how to find and fix errors in your inventory sheets before the accounting department have posted your final inventory numbers. And gain quality insights on how to prepare for and successfully deal with your P&L meetings.Topics covered include: the New Forty Thieves of Food Cost...diving deep into food cost management; Period-end Inventory...discover basic & advanced insights on managing your period-end inventory process. Find & fix the inventory errors which most chefs and accounting departments miss; and the section on How to be a P&L Review Pro covers how to prepare for and enter your P&L meetings with confidence.Bonus material: Besides being stuffed with practical food costing knowledge there are a few additional resources including articles on Mise en Place, BOH - FOH Communication, Murphy's Law, links to downloadable Cleaning Schedules, Cook Training Reviews, Food Safety Forms and more.Laced with interesting culinary photos, MEMEs, and splashed with the occasional inappropriate language of the kitchen, this book is both informative and a pleasure to read.

Thorough coverage of food and beverage cost control strategies that can be taken from the classroom to the workplace! The material presented in this book represents a thorough coverage of the most essential cost-control categories. There are 14 chapters within the six cost-analysis sections of the Operating Cycle of Control. The sections flow in a logical sequence that presents a path for understanding cost control from menu concept to financial reporting. The six cost-analysis sections are self-contained, so that the reader (student) can go to any section for specific cost-control procedures. Therefore, the book can be taken from the classroom to the workplace. New to this edition: • Clearly defined chapter learning objectives with end-of-chapter discussion questions that can assess readers (students) level of comprehension. • Project exercises following each chapter that are designed to test applied knowledge. • Restaurant Reality Stories that reflect upon what often occurs in restaurant businesses are appropriately placed within each of the 6 sections of the Operating Cycle of Control. • Mobile foodservice (food trucks and trailers) is presented in the Appendix—Restaurant Case and concludes with a project exercise to create a food-truck menu, as well as operational and marketing plans for a mobile foodservice as an additional business revenue source for the existing three-tiered restaurant operation case. • Key Cost and Analysis Formulas (Quick Reference)

Foodservice operators have the advantage of using point of sale system applications and tablets. While the POS system is an efficient tool to process information, analyze customer guest check orders, and track employees, it doesn’t uproot the need for foodservice operators to understand, process, and interpret that same important information. Edward Sanders, foodservice industry veteran and college professor, introduces culinary and hospitality management students to information essential for the successful management of foodservice operations. His coverage is thorough, and the logically sequenced topics include writing a standardized HACCP Recipe, determining portion costs, using menu popularity percentages, calculating seat turnover rates and server productivity, preparing a sales forecast, completing an income statement, and much more. The author clearly explains the reasoning behind strategies and methods presented in each chapter in addition to highlighting the benefits of POS system applications and tablets. Well-thought-out assignments assess students’ level of understanding.

Provides the theory, instruction, and practical skills needed to manage the functions of cost control, setting budgets and accurately pricing goods and services in the hospitality management and culinary business. --From publisher description.

Principles of Food, Beverage, and Labor Cost Controls, Eighth Edition is the essential text for understanding the ins and outs of controlling food, labor, and beverage costs. It comes accompanied by ProMgmt Student Workbook, which allows students to obtain a certificate from the National Restaurant Association Educational Foundation. Includes a diskette which contains Excel spreadsheet applications. Special features include: Accompanied by a diskette which contains Excel spreadsheet applications 40% of chapters contain revised materials Full supplements package