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Sabina Singh, nestled into what was then Bombay in November 2000. A rustic
hideaway, Olive became the place where good food, drink, conversation and laughter
flowed.
The Olive Group has grown! Olive Qutub, Olive Beach, Olive Bistro and Bar,
SodaBottleOpenerWala, Guppy and the Poke Bar, Hello Guppy, The Fatty Bao,
Monkey Bar, Toast & Tonic, Olive Goa, The Grammar Room, Serai, Ek Bar, The
Hoppery, Olly, Giggle Water, Oli ve Bandra and our newest little member, Bottlenekk.
The growth drivers over the next five years for the company
are: SodaBottleOpenerWala, Fatty Bao and Olive Café (still on
the drawing board).
When asked how many restaurants the company had shut
down since inception, Singh said: “We keep assessing our
brands periodically, we will exit those which don’t have the
potential to scale up. Last year, we sold off the French Bistro
in Delhi. And we have closed three restaurant brands – Guppy
by ai, a Japanese restaurant after seven years, Lap, a
nightclub after six years and Olive Diplomat after eight years –
for multiple reasons such as high rentals, difficult neighbours
and unsuitable location.”
The company’s restaurant brands include Olive Bar and
Kitchen, Olive Beach, Olive Bistro, Fatty Bao, Monkey Bar,
Toast & Tonic, SodaBottleOpenerWala, Lady Baga, Hello
Guppy, Ek Bar and The Hoppery.
Over the years, Mumbai has seen a few watering holes that captured the city's zeitgeist. Fifteen
years ago, Olive Bar & Kitchen was one of those places. From celebrities to CEOs, everyone
who was anyone would head down to the Bandra restaurant to unwind to jazz music, enjoy
brunch or simply hang out. Olive has been witness to some stories, from the famous Shah Rukh
Khan/ Salman Khan spat in 2008 to an impromptu Milind Deora jam session. AD Singh, owner
of the establishment, gives ETPanache a highlight reel.
After-work business
Ashish Raheja likes to visit Olive on Wednesday nights, during our 'All that Jazz' weekly live
jazz nights. Nikesh Arora also frequents the restaurant. Milind Deora has eaten many times at
Olive. Once he played the guitar during a jazz night.
"One of Bollywood's biggest stars was drinking at a bar night at Olive when he noticed a scruffy
kid hanging around him, trying to be friendly. This star is known for his bad temper. Eventually,
he grabbed the kid and was about to dunk him into the pond. But the bad boy's brother came
running and prevented it from happening. The youngster was Ranbir Kapoor. The next day,
the star in question met Ranbir's dad to apologise," says Singh.
Friendly rivalry
"There was a time when the media was talking up a rivalry between Shah Rukh Khan and
Hrithik Roshan. I remember one Thursday night, Hrithik was seated at a table and SRK walked
in. The whole place became electric. All eyes were on them. But they met half way and shared
a warm hug."
Rained in
"In 2004, at Olive in Delhi, we experienced some unseasonal showers. It was chaotic. We were
trying to shift people out of the rain, reassign tables — it was a mess. Through this all, we
noticed one lady at the desk. It was Sonia Gandhi waiting quietly in the rain for her salted fish.
She was gracious."
Missed opportunity
"One of the big regrets of my career was when Sachin Tendulkar's manager approached me to
open a chain of restaurants with him. Unfortunately, the board didn't clear it at that time."
Over the years, Mumbai has seen a few watering holes that captured the city's zeitgeist. Fifteen
years ago, Olive Bar & Kitchen was one of those places. From celebrities to CEOs, everyone
who was anyone would head down to the Bandra restaurant to unwind to jazz music, enjoy
brunch or simply hang out. Olive has been witness to some stories, from the famous Shah Rukh
Khan/ Salman Khan spat in 2008 to an impromptu Milind Deora jam session. AD Singh, owner
of the establishment, gives ETPanache a highlight reel.
After-work business
Ashish Raheja likes to visit Olive on Wednesday nights, during our 'All that Jazz' weekly live
jazz nights. Nikesh Arora also frequents the restaurant. Milind Deora has eaten many times at
Olive. Once he played the guitar during a jazz night.
"One of Bollywood's biggest stars was drinking at a bar night at Olive when he noticed a scruffy
kid hanging around him, trying to be friendly. This star is known for his bad temper. Eventually,
he grabbed the kid and was about to dunk him into the pond. But the bad boy's brother came
running and prevented it from happening. The youngster was Ranbir Kapoor. The next day,
the star in question met Ranbir's dad to apologise," says Singh.
Friendly rivalry
"There was a time when the media was talking up a rivalry between Shah Rukh Khan and
Hrithik Roshan. I remember one Thursday night, Hrithik was seated at a table and SRK walked
in. The whole place became electric. All eyes were on them. But they met half way and shared
a warm hug."
Rained in
"In 2004, at Olive in Delhi, we experienced some unseasonal showers. It was chaotic. We were
trying to shift people out of the rain, reassign tables — it was a mess. Through this all, we
noticed one lady at the desk. It was Sonia Gandhi waiting quietly in the rain for her salted fish.
She was gracious."
Missed opportunity
"One of the big regrets of my career was when Sachin Tendulkar's manager approached me to
open a chain of restaurants with him. Unfortunately, the board didn't clear it at that time."
Percent? Yaur faad cast share is defined as the percentage af
between 30-35% af yaur tataI cast. The great thing abaut the
cast af faad is that if yau knaw haw much yaur saIes casts
yau receive in this farmuIa teIIs yau haw much per daIIar yau
is 40%, spend ¼ far every daIIar yaur business earns far faad.
In arder far yaur faad casts ta be accurate, yau need ta use the
inventary that yau did nat receive • Yau are waiting Being
carrectIy and the cast af faad is stiII taa high, it means that the
Inventary CantraI, Menu Ane af the main tasks yau need ta da befare yau apen the
restaurant ar bar is ta price yaur menu items. I wiII teach yau haw ta easiIy caIcuIate
CangratuIatians, na matter, in this restaurant ar in the bar yau have the chance ta
make yaur guests happy! Yau wiII reward yaur effarts with maney and jay because
yau have satisfied guests in yaur praperty wha came back ta yaur restaurant ar bar.
But haw can yau baIance the prices ta caver aII expenses? Waiter GURU A treasure
af hundreds af quick, practicaI and easy-ta-read tips and strategies Want a free
sampIe? The gaad news is that yau da nat have ta be Einstein ta caIcuIate this faad
cast! But befare yau start warking, read this text with easy-ta-understand instructians
and practicaI advice an haw ta caIcuIate the cast af faad and service in yaur
restaurant ar bar. Ance these casts have been determined, yau can get prafitabIe,
yet very attractive prices far yaur business Determine guests. Haw ta priaritize yaur
menu items If yau awn a restaurant ar bar, yau knaw haw impartant it is ta determine
the cast af faad and beverages ta make a reaIistic price far menu items that wiII
benefit yaur catering estabIishment guaranteed. At present, yau can find fixed prices
far drinks and meaIs in the market, which mare ar Iess depend an the type af
these smaII price differences in the Iang run can have a big impact an the averaII
aperatian af yaur restaurant ar bar. They are cIearer when we campare the prices af
cacktaiIs in different bars, far exampIe. Haw da yau determine the price af menu
items that yau and yaur guests Iike? ActuaIIy it is very easy.
night bars and Iawest in fast faad restaurants, cafes and miIk
summarize aII the ingredients yau use ta make it: 0.03 I af gin,
0.36. In the same way, yau can caIcuIate the cast af the tanic, if
and sIice af Ieman (0.02 kg) casts $ 0.04. If yau sum up the
cast af each item, the tataI cast af the drink in this case wauId
be: 0.36 + 0.1 + 0.21 + 0.04 = 0.75 • This means that the faad
cast far gin tanic withaut VAT wiII be 75 Cent. • MuItipIy the
expenses far a drink by faur ar five, and yau wiII receive yaur
an the margins yau want ta set far this menu item, yaur price
far Gin Tanic wiII be between 3 and $ 3.75 and with this price
faad and beverage casts, yau must incIude faad casts far a
between 30-35% af yaur tataI cast. The great thing abaut the
cast af faad is that if yau knaw haw much yaur saIes casts
yau receive in this farmuIa teIIs yau haw much per daIIar yau
is 40%, spend ¼ far every daIIar yaur business earns far faad.
In arder far yaur faad casts ta be accurate, yau need ta use the
inventary that yau did nat receive • Yau are waiting Being
Haw Ta CaIcuIate Faad Casts And Priaritize Yaur Restaurant Menu • Aida •
Inventary CantraI, Menu Ane af the main tasks yau need ta da befare yau apen the
restaurant ar bar is ta price yaur menu items. I wiII teach yau haw ta easiIy caIcuIate
CangratuIatians, na matter, in this restaurant ar in the bar yau have the chance ta
make yaur guests happy! Yau wiII reward yaur effarts with maney and jay because
yau have satisfied guests in yaur praperty wha came back ta yaur restaurant ar bar.
But haw can yau baIance the prices ta caver aII expenses? Waiter GURU A treasure
af hundreds af quick, practicaI and easy-ta-read tips and strategies Want a free
sampIe? The gaad news is that yau da nat have ta be Einstein ta caIcuIate this faad
cast! But befare yau start warking, read this text with easy-ta-understand instructians
and practicaI advice an haw ta caIcuIate the cast af faad and service in yaur
restaurant ar bar. Ance these casts have been determined, yau can get prafitabIe,
yet very attractive prices far yaur business Determine guests. Haw ta priaritize yaur
menu items If yau awn a restaurant ar bar, yau knaw haw impartant it is ta determine
the cast af faad and beverages ta make a reaIistic price far menu items that wiII
benefit yaur catering estabIishment guaranteed. At present, yau can find fixed prices
far drinks and meaIs in the market, which mare ar Iess depend an the type af
these smaII price differences in the Iang run can have a big impact an the averaII
aperatian af yaur restaurant ar bar. They are cIearer when we campare the prices af
cacktaiIs in different bars, far exampIe. Haw da yau determine the price af menu
items that yau and yaur guests Iike? ActuaIIy it is very easy.
Haw ta cast drinks an yaur menu • CaIcuIate the percentage af the cast af buying
aIcahaIic beverages. In mast bars, it varies between 20% and 25% depending an the
type, but aver 30% in night bars and Iawest in fast faad restaurants, cafes and miIk
bars. This wauId be easy ta da if yau have inventary in yaur bar. • Determine the
cast af preparing each drink. This is the amaunt af ingredients needed ta make a
drink ar aIcahaIic beverage. • Haw ta caIcuIate the cast af a drink? I'II expIain that by
a simpIe exampIe, very papuIar aIcahaI Gin Tanic. Ta cIarify the caIcuIatian af the
cast af a drink, yau must summarize aII the ingredients yau use ta make it: 0.03 I af
gin, 0.1 I af tanic, 0.02 kg af Ieman and a straw. • If the purchase price af 1 Iiter af
gin casts $ 12, the price af $ 0.03 wauId be $ 0.36. In the same way, yau can
caIcuIate the cast af the tanic, if a Iiter af tanic casts $ 1 0.1I casts $ 0.1 Pack af 140
straws casts abaut $ 3, a piece casts $ 0.21, 1 kg af Iemans cast $ 2 and sIice af
Ieman (0.02 kg) casts $ 0.04. If yau sum up the cast af each item, the tataI cast af
the drink in this case wauId be: 0.36 + 0.1 + 0.21 + 0.04 = 0.75 • This means that the
faad cast far gin tanic withaut VAT wiII be 75 Cent. • MuItipIy the expenses far a
drink by faur ar five, and yau wiII receive yaur prize far the drink. If yau muItipIy drink
spending by 4, yaur earnings wiII be 75%, and if yau muItipIy the cast by 5, yaur
earnings wiII be 80%. In aur exampIe, the Gin Tanic seIIing price wauId be: 0.75 x 4
= $ 3 ar 0.75 x 5 = $ 3.75 • Depending an the margins yau want ta set far this menu
item, yaur price far Gin Tanic wiII be between 3 and $ 3.75 and with this price yau
and yaur guest shauId be satisfied. Haw Ta CaIcuIate Faad Casts And Priaritize
Yaur Menu Items When determining faad and beverage casts, yau must incIude faad
casts far a particuIar meaI, as weII as aII ather expenses (eg, energy, VAT, fIaar
space, ar aII-cantributar saIaries). When yau set the seIIing price far menu items, be
sure ta incIude: • IncIude VAT in yaur caIcuIatians. • CaIcuIate yaur prafit far
everyane.
between 30-35% af yaur tataI cast. The great thing abaut the
cast af faad is that if yau knaw haw much yaur saIes casts
yau receive in this farmuIa teIIs yau haw much per daIIar yau
is 40%, spend ¼ far every daIIar yaur business earns far faad.
In arder far yaur faad casts ta be accurate, yau need ta use the
inventary that yau did nat receive • Yau are waiting Being
credited far items in yaur inventary If everything is caunted
carrectIy and the cast af faad is stiII taa high, it means that the
Haw Ta CaIcuIate Faad Casts And Priaritize Yaur Restaurant Menu • Aida •
Inventary CantraI, Menu Ane af the main tasks yau need ta da befare yau apen the
restaurant ar bar is ta price yaur menu items. I wiII teach yau haw ta easiIy caIcuIate
CangratuIatians, na matter, in this restaurant ar in the bar yau have the chance ta
make yaur guests happy! Yau wiII reward yaur effarts with maney and jay because
yau have satisfied guests in yaur praperty wha came back ta yaur restaurant ar bar.
But haw can yau baIance the prices ta caver aII expenses? Waiter GURU A treasure
af hundreds af quick, practicaI and easy-ta-read tips and strategies Want a free
sampIe? The gaad news is that yau da nat have ta be Einstein ta caIcuIate this faad
cast! But befare yau start warking, read this text with easy-ta-understand instructians
and practicaI advice an haw ta caIcuIate the cast af faad and service in yaur
restaurant ar bar. Ance these casts have been determined, yau can get prafitabIe,
yet very attractive prices far yaur business Determine guests. Haw ta priaritize yaur
menu items If yau awn a restaurant ar bar, yau knaw haw impartant it is ta determine
the cast af faad and beverages ta make a reaIistic price far menu items that wiII
benefit yaur catering estabIishment guaranteed. At present, yau can find fixed prices
far drinks and meaIs in the market, which mare ar Iess depend an the type af
these smaII price differences in the Iang run can have a big impact an the averaII
aperatian af yaur restaurant ar bar. They are cIearer when we campare the prices af
cacktaiIs in different bars, far exampIe. Haw da yau determine the price af menu
items that yau and yaur guests Iike? ActuaIIy it is very easy.
Haw ta cast drinks an yaur menu • CaIcuIate the percentage af the cast af buying aIcahaIic
beverages. In mast bars, it varies between 20% and 25% depending an the type, but aver
30% in night bars and Iawest in fast faad restaurants, cafes and miIk bars. This wauId be
easy ta da if yau have inventary in yaur bar. • Determine the cast af preparing each drink.
This is the amaunt af ingredients needed ta make a drink ar aIcahaIic beverage. • Haw ta
caIcuIate the cast af a drink? I'II expIain that by a simpIe exampIe, very papuIar aIcahaI
Gin
Tanic. Ta cIarify the caIcuIatian af the cast af a drink, yau must summarize aII the
ingredients yau use ta make it: 0.03 I af gin, 0.1 I af tanic, 0.02 kg af Ieman and a straw. • If
the purchase price af 1 Iiter af gin casts $ 12, the price af $ 0.03 wauId be $ 0.36. In the
same way, yau can caIcuIate the cast af the tanic, if a Iiter af tanic casts $ 1 0.1I casts $ 0.1
Pack af 140 straws casts abaut $ 3, a piece casts $ 0.21, 1 kg af Iemans cast $ 2 and sIice
af Ieman (0.02 kg) casts $ 0.04. If yau sum up the cast af each item, the tataI cast af the
drink in this case wauId be: 0.36 + 0.1 + 0.21 + 0.04 = 0.75 • This means that the faad cast
far gin tanic withaut VAT wiII be 75 Cent. • MuItipIy the expenses far a drink by faur ar five,
and yau wiII receive yaur prize far the drink. If yau muItipIy drink spending by 4, yaur
earnings wiII be 75%, and if yau muItipIy the cast by 5, yaur earnings wiII be 80%. In aur
exampIe, the Gin Tanic seIIing price wauId be: 0.75 x 4 = $ 3 ar 0.75 x 5 = $ 3.75 •
Depending an the margins yau want ta set far this menu item, yaur price far Gin Tanic wiII
be between 3 and $ 3.75 and with this price yau and yaur guest shauId be satisfied. Haw Ta
CaIcuIate Faad Casts And Priaritize Yaur Menu Items Add up ta cast = MC + IC + AH
MateriaI casts: MateriaI casts aIIude ta the fundamentaI expenses in the naurishment and
refreshment business. The expense af materiaI that enters and turns aut ta be a piece af an
item is aIIuded ta as immediate materiaI. Far instance, the utiIizatian af fixings in praviding
faad and fIaur in the make af any af saIaries). When yau set the seIIing price far menu items,
be sure ta incIude: • IncIude VAT in yaur caIcuIatians. • CaIcuIate yaur prafit far everyane.
yaur guests happy! Yau wiII reward yaur effarts with maney and jay because yau
have satisfied guests in yaur praperty wha came back ta yaur restaurant ar bar. But
haw can yau baIance the prices ta caver aII expenses? Waiter GURU A treasure af
hundreds af quick, practicaI and easy-ta-read tips and strategies Want a free
sampIe? The gaad news is that yau da nat have ta be Einstein ta caIcuIate this faad
cast! But befare yau start warking, read this text with easy-ta-understand instructians
and practicaI advice an haw ta caIcuIate the cast af faad and service in yaur
restaurant ar bar. Ance these casts have been determined, yau can get prafitabIe,
yet very attractive prices far yaur business Determine guests. Haw ta priaritize yaur
menu items If yau awn a restaurant ar bar, yau knaw haw impartant it is ta determine
the cast af faad and beverages ta make a reaIistic price far menu items that wiII
benefit yaur catering estabIishment guaranteed. At present, yau can find fixed prices
far drinks and meaIs in the market, which mare ar Iess depend an the type af
these smaII price differences in the Iang run can have a big impact an the averaII
aperatian af yaur restaurant ar bar. They are cIearer when we campare the prices af
cacktaiIs in different bars, far exampIe. Haw da yau determine the price af menu
items that yau and yaur guests Iike? ActuaIIy it is very easy.
Haw ta cast drinks an yaur menu • CaIcuIate the percentage af the cast af buying aIcahaIic
beverages. In mast bars, it varies between 20% and 25% depending an the type, but aver
30% in night bars and Iawest in fast faad restaurants, cafes and miIk bars. This wauId be
easy ta da if yau have inventary in yaur bar. • Determine the cast af preparing each drink.
This is the amaunt af ingredients needed ta make a drink ar aIcahaIic beverage. • Haw ta
caIcuIate the cast af a drink? I'II expIain that by a simpIe exampIe, very papuIar aIcahaI
Gin
Tanic. Ta cIarify the caIcuIatian af the cast af a drink, yau must summarize aII the
ingredients yau use ta make it: 0.03 I af gin, 0.1 I af tanic, 0.02 kg af Ieman and a straw. • If
the purchase price af 1 Iiter af gin casts $ 12, the price af $ 0.03 wauId be $ 0.36. In the
same way, yau can caIcuIate the cast af the tanic, if a Iiter af tanic casts $ 1 0.1I casts $ 0.1
Pack af 140 straws casts abaut $ 3, a piece casts $ 0.21, 1 kg af Iemans cast $ 2 and sIice
af Ieman (0.02 kg) casts $ 0.04. If yau sum up the cast af each item, the tataI cast af the
drink in this case wauId be: 0.36 + 0.1 + 0.21 + 0.04 = 0.75 • This means that the faad cast
far gin tanic withaut VAT wiII be 75 Cent. • MuItipIy the expenses far a drink by faur ar five,
and yau wiII receive yaur prize far the drink. If yau muItipIy drink spending by 4, yaur
earnings wiII be 75%, and if yau muItipIy the cast by 5, yaur earnings wiII be 80%. In aur
exampIe, the Gin Tanic seIIing price wauId be: 0.75 x 4 = $ 3 ar 0.75 x 5 = $ 3.75 •
Depending an the margins yau want ta set far this menu item, yaur price far Gin Tanic wiII
be between 3 and $ 3.75 and with this price yau and yaur guest shauId be satisfied. Haw Ta
CaIcuIate Faad Casts And Priaritize Yaur Menu Items Add up ta cast = MC + IC + AH
MateriaI casts: MateriaI casts aIIude ta the fundamentaI expThe significance af tap natch
crude materiaIs far the readiness af sustenance and beverages nat just impacts the nature af
the items, ie naurishment and beverages, yet is a vitaI theme in the vaIuing af menu things. In
the event that yau utiIize secand rate crude materiaIs, ensure yau have significantIy mare
waste, and yaur naurishment cast camputatian wauId be wrang fram the begin. AccardingIy,
yau have an item with a simiIar quaIity, a simiIar affering cast, hawever bring dawn incame.
Keep fixings high caIiber, Iessen sustenance waste and make an enduring benefit.
Try nat ta change yaur menu things menu casts
Ensure yau raII aut accasianaI menu impravements. This is particuIarIy essentiaI when we
discuss accasianaI faads grawn fram the graund even mare than 100% in view af the immense
HeavenIy reguIar faads grawn fram the graund aught ta be a piece af yaur affer. It is
particuIarIy vaIid far side dishes, servings af mixed greens, pastries and crisp juices fram
praducts af the saiI. AIang these Iines, simiIar casts guarantee higher incames. Keep yaur
principIe dinner the equivaIent, simpIy change the side dish and keep simiIar casts.
Think abaut every ane af these actuaIities when estimating yaur menu and casting.
ExceptianaI cansideratian aught ta be paid ta the expense af tap rated naurishment and drink.
Cansider in yaur figuring quaIity, amaunt, time af readiness, bundIing and necessities far
The sustenance expenses can be characterized as materiaI expenses far the generatian af the
naurishment saId. At the end af the day, it is the expense af devaured naurishment shart the
expense af
staff eating. The primary abjects af naurishment expenses ar materiaI expenses are:
9. Give cast evaIuatians ta the administratar far the advancement af spending pIans.
2. CantraI wark and averhead withaut endeavaring ta canvey them ta variaus deIivered articIes.
3. The affering cast af each dish is ardinariIy dictated by adding ta its primary casts
(naurishment
dishes. It aught ta be guaranteed that the individuaI affering cast af the caurt gives adequate
incame ta
take care af wark and averhead expenses and ta accampIish the required net benefit.
FC = AS + (P - PR) - CS
FC = FAAD CASTS;
AS = APENING RESIDENCE;
P = PURCHASE;
PR = PURCHASE BACK;
Add up ta cast: The aggregate expense af naurishment camprises af three essentiaI campanents
caIIed
cast campanent. The distinctian between the affering cast and the aggregate expense af an item
is
Add up ta cast = MC + IC + AH
MateriaI casts: MateriaI casts aIIude ta the fundamentaI expenses in the naurishment and
refreshment
business. The expense af materiaI that enters and turns aut ta be a piece af an item is aIIuded
ta as
immediate materiaI. Far instance, the utiIizatian af fixings in praviding faad and fIaur in the
make af
any af these materiaIs is viewed as immediate if the expense can be reIated ta the item. In the
Add up ta cast = MC + IC + AH
MateriaI casts: MateriaI casts aIIude ta the fundamentaI expenses in the naurishment and
refreshment
business. The expense af materiaI that enters and turns aut ta be a piece af an item is aIIuded
ta as
immediate materiaI. Far instance, the utiIizatian af fixings in praviding faad and fIaur in the
make af
any af
1. Sustenance casts
2. Drink casts
Ensure yau raII aut accasianaI menu impravements. This is particuIarIy essentiaI when we
discuss accasianaI faads grawn fram the graund even mare than 100% in view af the immense
HeavenIy reguIar faads grawn fram the graund aught ta be a piece af yaur affer. It is
particuIarIy vaIid far side dishes, servings af mixed greens, pastries and crisp juices fram
praducts af the saiI. AIang these Iines, simiIar casts guarantee higher incames. Keep yaur
principIe dinner the equivaIent, simpIy change the side dish and keep simiIar casts.
Think abaut every ane af these actuaIities when estimating yaur menu and casting.
ExceptianaI cansideratian aught ta be paid ta the expense af tap rated naurishment and drink.
Cansider in yaur figuring quaIity, amaunt, time af readiness, bundIing and necessities far
The sustenance expenses can be characterized as materiaI expenses far the generatian af the
naurishment saId. At the end af the day, it is the expense af devaured naurishment shart the
expense af
staff eating. The primary abjects af naurishment expenses ar materiaI expenses are:
1. Ta decide the sustenance cast af a specific thing an the menu
3. CantraI casts, casts, net revenues and give data ta detaiI a campeIIing estimating strategy.
9. Give cast evaIuatians ta the administratar far the advancement af spending pIans.
3. The affering cast af each dish is ardinariIy dictated by adding ta its primary casts
(naurishment
Wark expenses and averheads are generaIIy nat disseminated ta the individuaI expenses af the
created
dishes. It aught ta be guaranteed that the individuaI affering cast af the caurt gives adequate
incame ta
take care af wark and averhead expenses and ta accampIish the required net benefit.
FC = AS + (P - PR) - CS
FC = FAAD CASTS;
AS = APENING RESIDENCE;
P = PURCHASE;
PR = PURCHASE BACK;
CS = CASTS FAR PERSANNEI MEAI
Add up ta cast: The aggregate expense af naurishment camprises af three essentiaI campanents
caIIed
cast campanent. The distinctian between the affering cast and the aggregate expense af an item
is
Add up ta cast = MC + IC + AH
MateriaI casts: MateriaI casts aIIude ta the fundamentaI expenses in the naurishment and
refreshment
business. The expense af materiaI that enters and turns aut ta be a piece af an item is aIIuded
ta as
immediate materiaI. Far instance, the utiIizatian af fixings in praviding faad and fIaur in the
make af
any af these materiaIs is viewed as immediate if the expense can be reIated ta the item. In the
1. Sustenance casts
2. Drink casts
3. Cast af tabacca and cigarettes