Blog – Silver Oaks Management Services Limited

November 4, 2020Business, Consulting, Cost Control, Food and Beverage, Recipe Costing

Starting a Restaurant: Your 13 Ingredient Recipe

In this guide, the 13 steps or ingredients are divided across four main categories: 1. Prep : This is the preliminary market research stage you need to do before getting too committed to a particular restaurant concept. Learn to find the right location and conduct a feasibility study. 2. Cook: This is where things get […]

October 21, 2020Business, Cost Control, Food and Beverage, Food Cost, Recipe Costing

5 Costly Mistakes to Avoid when Doing Recipe Costing

If you can’t measure it, you can’t improve it. Peter Drucker Management thinker Peter Drucker is often quoted as saying that “you can’t manage what you can’t measure.” Drucker means that you can’t know whether or not you are successful unless success is defined and tracked. With a clearly established metric for success, you can quantify […]

October 14, 2020Business, Cost Control, Food and Beverage, Food Cost, Recipe Costing

Controlling Your Restaurant’s Food Cost

Tracking transactions is necessary when you’re a restaurant owner or manager. You are responsible for purchasing the ingredients, food cost control, maintaining the upkeep of your location, dispersing wages to your staff and much more. Accurately noting the expenses you acquire on a daily, weekly, monthly and annual rotation is crucial to keep your restaurant’s […]

October 7, 2020Business, Cost Control, Food and Beverage, Food Cost, Recipe Costing

5 Ways to Cut-down on Your Restaurant’s Food Waste (loss)

According to the Food and Agriculture Organization (FAO), approximately a third of the food available in the world today is either thrown away or gets spoiled. On a national level, 40% of food is wasted. Restaurants, other food service companies and hotels account for most of this lost and wasted food. What is food waste? Food […]

September 30, 2020Business, Cost Control, Financial, Food and Beverage, Food Cost, Recipe Costing

Recipe Costing 101

The management of a restaurant, a catering service, or any professional activity (i.e. hotels) can be complicated and expensive. In order to keep your business on track and improve your chances of success, you must be careful to make regular and accurate calculations of your costs and expenses. Provide healthy and balanced foods to satisfy […]

March 16, 2020Continuous Learning, Professional Development

Why Is Continuous Learning Important?

Change is inevitable … and continuous learning is one of the most effective ways of dealing with change. Learning is critical to our existence. In the same way that food nourishes our bodies, continuous learning nourishes our minds. Lifelong learning is an indispensable tool for every career and organisation. So, what is continuous learning? Continuous [...]

November 25, 2020Business, Consulting, Cost Control, Food and Beverage, Recipe Costing

Starting a Restaurant: Prep

We briefly touched on the 13 steps or ingredients and the categories they are divided into on our previous blog. Brush up on it: We will dive into the first category: Prep: Set up your Mise en Place This is the preliminary market research stage you need to do before getting too committed to a […]

September 18, 2019Business

How to Maintain Momentum in the Off-Season

With rooms booked and business brisk, busy seasons leaves little time for anyone in hospitality to catch their breath. Peak demand means that everyone is going to be busy to keep operations going and guest happy. Despite this, it is never too late to get a jump on marketing campaigns and other initiatives to continue [...]

September 3, 2019Business

Savvier Ways to Drive Your Own Bookings

Savvier ways for your property to drive your own bookings.

July 24, 2019Business

Visit to Margaritaville Resort Belize

Client Visit: Margaritaville Resort Belize Our team visited our client property, Margaritaville Resort Belize, over the weekend in Ambergris Caye. We are excited to see the property taking shape beautifully and we anticipate their opening and entry into the accommodation supply in Belize. We are grateful to be a part of this exciting project. SOHS [...]