Managing & Controlling F&B Expenses

COURSE DESCRIPTION:

Hotel Cost Control is an integral part of managing a hotel. In this course, we will be learning various Cost Control techniques that help hotels manage their food and beverage costs as well as other departmental costs to enhance profit.

Cost Control is a phased process which starts with setting standards, recording and measuring against those standards and recommending corrective actions to adjust costs.

This online program aims to teach learners the fundamentals of all Cost Control techniques with practical examples and control templates.

Key Objectives:

• Purchasing Control
• Inventory Control and Spot Check
• Cost Control Reporting
• Identification of Variances

Soft Skills:

• Ability to set up and manage an F&B Expense Cost Control System

This course is for:

• Hotel Accountants
• Hotel Finance Team Members
• Hotel Financial Controllers
• Hotel Financial Managers
• Hotel F&B Managers
• Hotel Operation Managers

Managing & Controlling F&B Expenses

Managing & Controlling Hotel Operating Expenses

Managing & Controlling F&B Expenses

Managing & Controlling Hotel Operating Expenses

Controlling & Monitoring Hotel CAPEX & OPEX

Standard Costing & Variance Analysis

Efficient Menu & Recipe Costing

Menu Engineering

Budgeting & Forecasting for Hotels

Hotel Cost Control Fundamentals

Optimizing Pricing Strategies for Hotels

Hotel Cost Control Practical Concepts

Breakeven Analysis Methodology for Hotels

Excel for Hotel Cost Control:
Tips & Techniques