'Food and Beverage Cost Control Strategies'

02:11 Apr 23, 2021 3 3

'~~~  Need bookkeeping and tax preparation help? Email us: [email protected] or Visit our new website: http://fas-accountingsolutions.com  ~~~  How to Master Food & Beverage Cost Control  Here are some strategies you can do to control your costs which will improve your bottom line:  - Conducting Food Waste Audit You should determine what causes food waste and how much it is cutting off from the bottom line. Train and request staff to always record where waste is coming from.  - Use a POS System to Track Inventory In order to save time tabulating information on spreadsheets, using a Point of Sale System is  recommended. All the information needed to price each menu item is accumulated in this system.  - Define an Inventory Intake Procedure Proper handling of inventory when receiving is necessary to avoid prematurely spoiling raw ingredients and impairing supplies. Staffs should receive and store stocks properly according to your standard set of procedures.  - Proper Pouring Technique Proper technique in pouring is necessary to avoid spilling the beverage. Also, it is to ensure that every glass has the consistent amount of beverage. Inconsistent amount leads to underpouring or overpouring the beverage than necessary.  As a business owner, you are responsible for the cost of doing your business. It is your task to set standards, proper procedures and appropriate prices for your products and services.' 

Tags: Bookkeeping

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