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Hospitality Management - How to Analyse and Maximize Your Restaurant's Profitability
Learn the fundamental concepts of restaurant operations with this free online hospitality management course.
Description
In the free online course Hospitality Management - Analyse and Maximize Your Restaurant's Profitability you will learn that success in restaurant management depends not only on your operational skills but also how well you understand restaurant revenue and expenses. This video course focuses on teaching you the fundamentals about how to maximise profitability in the food and beverage (F&B) business.
The course begins by introducing you to the fundamentals of running a restaurant as a business, and includes topics such as menu design principals, business planning, and how to segment and analyse restaurant revenue. You will also learn about obtaining the key restaurant metrics and how to compare these with competitors. The course also teaches you about the menu engineering report and strategies to maximise revenue and profitability.
The course is designed for: Restaurant Managers / Assistant Managers so that they can successfully manage profitability in restaurants; Independent restaurant owners and managers who do not have formal business education; and Hotel Management students to give them some practical experience before starting their career. So, start this free course today and learn valuable skills about how to analyse and maximise your restaurant's profitability.
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Modules
Understand Food & Beverage (F&B) Business Operations
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Understanding F&B Operations - Learning Outcomes
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Introduction to the Course and Operations
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Restaurant Business Planning & Menu Design Principals
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F&b Operations - Lesson Summary
Restaurant Profitability Analysis Strategies and Methods
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Restaurant profitability analysis Strategies and Methods - Learning outcomes
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Restaurant Revenue Analysis Methods
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Menu Engineering Analysis
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Restaurant Cost Concepts
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Restaurant profitability analysis Strategies and Methods - Module Summary
Course assessment
Learning Outcomes
Upon successful completion of this course you will be able to
- Recognize how to design your Menu and grab maximum attention from guests
- Identify who your main customers are
- Identify which meal period is most profitable
- Identify your major revenue source and establish if these are profitable or not
- Identify what are major costs in your business
- Describe how to control the major costs in your business
Certification
All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire official Certification, which is a great way to share your achievement with the world. Your Alison Certification is:
Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning
Alison offers 3 types of Certification for completed Certificate courses:
Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping
All Certification is available to purchase through the Alison Shop. For more information on purchasing Alison Certification, please visit our faqs. If you decide not to purchase your Alison Certification, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certification pricing, please visit our Pricing Page.
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