Category: Cost Calculation

Last blog we looked at how to determine the costs of our menu items. Now we determine pricing of the menu items. There are many…

This time we will have a deeper look at the cost of a product or service, including all costs we can think of in general.…

KPI’s(Key Performance Indicators) are variables which help determine if the business is doing good relative to their market in which they operate. More basically: Is…

Going into management understanding cost calculations are essential. Basically, it gives you an idea of expected cost versus revenue per product. Different kinds of hospitality…