Counting Costs
The goal of any business is to be profitable. This applies just as much to a food service business. In this module, we’ll discuss ways to control costs and maximise profitability through better management of manpower and ingredients.
The Importance of Basic Costing
Why do we need to understand how much things cost in the running of our food service business?
If we don’t control costs, it will eat into our margins. Even if we have a high volume of traffic, that doesn’t necessarily mean we’re profitable.
Understand the Terms
- Income – Derived from selling products and services
- Cost – All spending used to generate income
- Profit – What operators get when income exceeds cost
The goal of any business is to earn a good profit, so keeping costs at a minimum while selling at the right price and providing a good product is what we should aim for as operators.
Click on the topics below to start
3 Major Costs & How To Reduce Them
Find out what costs to reduce and how best to reduce them
Standard Recipes and How to Scale Them
Learn what makes up a Standard Recipe and determine the best way to scale it.
Yield Test
Calculate the yield of your dishes and find out how much food you should buy and more.
Grow Your Business with Food Delivery
Get tips about food delivery, and more!
Need real solutions and tips on how to grow your business with food delivery during the COVID-19 period? Get them here.
Grow with Food Safety
Reduce risks and keep diners safe
Food safety can be the best way to revive your business after COVID-19. Here's how to implement it smoothly.
Nutrition is a Must During COVID-19
Make your dishes tasty and healthy
Nutritious menu inspirations will support your culinary business. Here's how to implement more of them!
Best Products for You
Get product recommendations from Unilever Food Solutions
Support your culinary business with the best UFS products suited to your dishes.
