An Introduction to Industry Costs
Recommended COURSE 3 for Leaders. Understand industry costs, how to manage them and why every dollar counts.
AN INTRODUCTION TO INDUSTRY COSTS
This workshop forms part of VPTD's Hospitality Leadership Series.
This course is for Managers, Supervisors, Chefs, senior members of the kitchen team, and essentially anyone expected to control costs and contribute to the financial success and profitability of a venue or outlet. This workshop also suits budding hospitality professionals who might be seeking the next step up in their career, or are considering a future in the industry.
Staff from supervisors to senior CDPs can all significantly impact the bottom line of a business if they understand what they are protecting. It's not enough that we give our leaders responsibility, we must also give them understanding.
In this workshop:
- Making Sense of Every Dollar
- Industry Standards - Working with Percentages
- Maximising the Average Spend
- How to Hit Your Targets - Wages and Cost of Goods
- Troubleshooting - why our costs blow out and what to do about it
- Using a Daily Reporting Spreadsheet
Course Curriculum
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Here's what previous attendees have to say...
After doing several training sessions with Vanessa and Sara I have learnt so much. The training allowed me to learn new ways and techniques to approach an array of scenarios!! Highly recommend!
- Amelia Rusling
It was such a pleasure working with VPTD. They have given me many powerful tools at the start of my managerial role. Their fun, interactive approach made the training sessions very enjoyable. VPTD has a great and positive impact on our team development and I am grateful to be given the opportunities to train with them.
- Cloriea Cheng
I have just completed 4 days of leadership training and I cannot recommend it highly enough. The learnings are so relevant to the hospitality industry and are practical in their approach. I am now equipped with so many tools/techniques to achieve my outcomes.
- Morgan Brady
Your Instructor
Having worked in the hospitality industry for many years both in Australia and abroad, I am absolutely committed to championing this industry as one of the most satisfying and rewarding career paths in the world. Hospitality is vibrant, energizing, ever-changing and filled with warmth and gratitude. Sure, it's not always a walk in the park: long hours, demanding guests, tough targets and wide goal posts but we get to create memories and develop teams and friendships that can last a life time.
I've been studying Hospitality Leadership for over 20 years and my driving force is to make the career path for hospitality workers fulfilling, sustainable and as easy as it can possibly be.
Connect with me on LinkedIn, follow us on Instagram or flick me an email directly at [email protected]. I'd love to hear from you.