Lecture The bar and beverage book (5th Edition): Chapter 14 - Costas Katsigris, Chris Thomas
Lecture The bar and beverage book (5th Edition): Chapter 14 - Costas Katsigris, Chris Thomas
Chapter 14 - Planning for profit. This chapter will help you: Establish a profit goal for a bar business; prepare a budget; price drinks on the basis of beverage cost; use an income statement; forecast cashflow; calculate a break-even point; standardize drink size, recipes, and glassware; establish a control system; use par stock as a control tool; establish a system of sales records and cash control.