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Food and Beverage Costing and Pricing

This course is designed to equip both professionals in the food and beverage industry with the essential skills to accurately cost and price menu items. Participants will gain a comprehensive understanding of cost control, profitability analysis and strategic techniques to maximize revenue while maintaining quality and value for customers. 

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Food and Beverage Costing and Pricing
Next Session: June 11, 2025
Days: Wednesdays| Time: 5-8pm | Class Mode: Online| Date: 11th June,2025- 13th August,2025| Course delivered over 10 weeks (3 hours per week)|
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Course Summary

Food and Beverage Costing and Pricing
Next Session: June 11, 2025
Days: Wednesdays| Time: 5-8pm | Class Mode: Online| Date: 11th June,2025- 13th August,2025| Course delivered over 10 weeks (3 hours per week)|

Learning Outcomes

  • Utilizing data and analysis to inform menu development and pricing.
  • Understand and manage costs to balance profitability with customer satisfaction.
  • Understanding how pricing contributes to and reflects the brand image and target market.
  • Ability to adapt to changing market conditions
  • Applying concepts to real-world business scenarios.
  • Implementing strategies to increase revenue and sustain business growth.

Course Description:

The course combines theoretical insights with practical tools to empower managers, chefs, bartenders, pastry-chefs, caterers and entrepreneurs to make data-driven decisions that enhance financial sustainability and competitiveness in a dynamic market.

By exploring cost structures, market trends, and pricing strategies, participants will learn how to develop menus that balance profitability with customer satisfaction. The course also emphasizes the importance of aligning pricing with brand positioning, ensuring that businesses stand out in a competitive marketplace while driving long-term growth.

Participants will master techniques to identify hidden costs, manage resources effectively, and set pricing that reflects both value and profitability. With a focus on practical application, the course prepares attendees to tackle real-world challenges, optimize menu profitability, and contribute to the overall success of their organization.

This course empowers participants with the analytical tools and knowledge required to make strategic decisions in costing and pricing. By understanding the relationship between costs, pricing, and market positioning, attendees can enhance business performance and competitive advantage enabling them to maximize revenue and sustain business growth, whilst adapting to changing market conditions.

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