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Cost Management and Pricing – Restaurant Management

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Overview

The Cost Management and Pricing Course is designed to equip restaurant managers with the essential knowledge to control expenses and price menu items strategically. This course covers key areas including recipe cost calculation, profitability analysis, and factoring overheads into pricing decisions. By understanding the principles of cost management and pricing, learners can confidently optimise their restaurant’s financial performance, reduce waste, and ensure sustainable profit margins. Ideal for those looking to strengthen their managerial approach, this cost management and pricing course online UK provides actionable methods to enhance efficiency while maximising revenue.

Course Description

Imagine transforming your restaurant’s financial performance by simply knowing how to price every dish accurately. The Cost Management and Pricing Course opens doors to smarter decision-making, showing how every ingredient, labour hour, and overhead factor into profitability. Through the course, learners explore methods to determine recipe costs and create pricing strategies that secure consistent revenue without deterring customers.

Beyond basic calculations, this cost management and pricing course online UK emphasises the importance of integrating overheads and understanding profitability concepts. It enables managers to predict the impact of price adjustments, reduce financial risks, and maintain competitive yet profitable menus. Each module builds on the previous, creating a comprehensive framework for financial control within the hospitality industry.

For those seeking flexibility, this cost management and pricing course online allows learners to study at their own pace while applying techniques that can immediately improve operational outcomes. By the end, participants will confidently implement pricing models, optimise menu performance, and contribute to the restaurant’s long-term success.

Learning Outcome

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Career Path

Curriculum

  • play Introduction
    play 00:01:00
  • play Why we need to price the menu
    play 00:05:00
  • play Factors in determining prices
    play 00:02:00
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