Restaurant Management - Pricing your menu items using data

Menu pricing should be balanced between cost, overheads and market forces. Learn how to price menu items based on data

2.75 (35 reviews)
Udemy
platform
English
language
Management
category
Restaurant Management - Pricing your menu items using data
5,133
students
1 hour
content
Jun 2020
last update
$29.99
regular price

What you will learn

How to calculate recipe cost

how to determine ideal food cost %

how to calculate menu price based on menu cost

how overheads and fixed cost affect pricing

qualitative aspects in menu pricing

Why take this course?

Menu pricing is the engine behind your company's success, as sales are your restaurant's sole source of revenue. Pricing for food directly impacts your ability to fund essential aspects of your business, including equipment, utilities, labor, ingredients, and more. When creating or updating your menu, follow tips in this course effectively price your menu for maximal profits.

  • menu pricing need to be able to cover variable and fixed costs

  • it needs to be aligned with market forces.


    In this course, we will learn how to calculate effective recipe cost and price based on that cost. we will also learn how fixed cost and overheads impact the pricing of menu items and how we can factor such cost in pricing.

Screenshots

Restaurant Management - Pricing your menu items using data - Screenshot_01Restaurant Management - Pricing your menu items using data - Screenshot_02Restaurant Management - Pricing your menu items using data - Screenshot_03Restaurant Management - Pricing your menu items using data - Screenshot_04

Reviews

Menelaos
August 23, 2020
As a management accountant who is new in the hospitality industry, this course is exactly what I was looking for (same applies for two other courses I am currently undertaking and taught by the same lecturer). Concepts explained very well with examples. Strongly suggested for finance staff new in this industry.

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3117290
udemy ID
5/12/2020
course created date
5/22/2020
course indexed date
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course submited by