This lesson includes
- Closed captions & dubbing
- Downloadable resources
- Mobile app (iOS & Android)
Beverage cost for profit and loss
Have you looked at your beverage menu lately? Why not take a look and see how many of your drinks are priced the same. Are any of them? Keep in mind that...
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This lesson includes
- Closed captions & dubbing
- Downloadable resources
- Mobile app (iOS & Android)
Lesson details
Have you looked at your beverage menu lately? Why not take a look and see how many of your drinks are priced the same. Are any of them? Keep in mind that despite the continuity in price, your beverage menu includes a mix of products with different markups, different margins and therefore different beverage cost percentages. Much like your food costs, you need to be on top of all your beverage costs that you have listed on your menu - be it for a glass of water or a bottle of the finest champagne.
What you'll learn in the Beverage cost for profit and loss lesson
- What beverage cost is
- How to calculate it
- Tips for how to manage beverage cost during service
Instructor
Nicolas Simon is the co-founder and CEO of Wilcuma, a full-service hospitality company offering services including consulting, management, real estate and more to help those opening a business succeed. Nicolas' love for the hospitality industry grew...
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