Who is this for?
Newly promoted staff with responsibility for managing profit. Staff who wish to refresh their skills in this area or staff being trained for promotion.
Why should I take part?
The course will help you understand pricing methods and the control of gross profit, as well as assisting you with the effective execution of daily financial tasks such as ordering, purchasing and gross profit calculation. Since staffing costs tend to be a significant expense alongside food costs in food and beverage establishments, the course will also cover wage and salary controls.
How will it help me?
During the event, you will…
- Understand best practice for ordering, purchasing and calculation of gross profit
- Learn how to forecast wage and salary cost
Following the event, you will…
- Be able to manage the cost of sales with better forecasting, correct pricing and less wastage
- Be able to manage gross profit margin of promotional activity, such as meal-deals and vouchers
- Understand the basics of what the figures mean
0900: Delegates to arrive at TUCO HQ by this time for registration
0930: Start of course
1100: Break - Tea and Coffee
1130: Course Continues
1230: Lunch - Provided by TUCO
1330: Course Continues
1500: Course Continues
1600: End of Course
Please note, this is subject to change. Final itineraries will be uploaded to your Dashboard approx. 1 week prior to event commencement.
About the Trainer:
Debra Adams is the founder of Arena 4 Finance, a leading practitioner in developing courses for developing fundamental financial skills and author of the book 'Management Accounting for the Hospitality, Tourism and Leisure Industries.
Debra has been the Head of Professional Development at HOSPA for over 10 years and was awarded the HOSPA Paragon Award in 2014 for her commitment to financial and revenue management education.
Travel and Accommodation:
TUCO HQ is located at National House 3rd Floor, 36 St Ann Street, Manchester, M2 7LE. It is a short walk from Manchester Piccadilly Train Station and Victoria Train Station.
TUCO Ltd has a corporate contract with Motel One Hotel. The cost per room (single occupancy) is from £69.00 INC VAT and has a 100% cancellation fee up to 6pm on the day of the reservation*. To benefit from this contract please quote TUCO at the time of booking.
*Please note that Motel One does operate some 'blackout dates' whereby these terms do not apply. In the case of a blackout date, nightly rates can include a supplement, and free of charge cancellations must be made at least 3 days prior to your stay.
I am now able to read our budget sheets with a better understanding - Delegate from Cardiff University
The trainer was engaging and helpful – Delegate from Cardiff University
36 St Ann Street