easylearn.ing
Easy Learning with Mastering Launching a Successful Restaurant Business Plan
Finance & Accounting > Accounting & Bookkeeping
6h 29m
£17.99 Free for 28 days
4.4 ★★★★★

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Language: English

Sale Ends: 09 May

Restaurant Business Mastery: From Plan to Profit

What you will learn:

  • Restaurant Bookkeeping
  • Restaurant Accounting
  • Financial Statement Analysis
  • Food Cost Control
  • Profit Margin Analysis
  • Financial Ratios
  • Odoo 18 POS System
  • Inventory Management
  • Operational Efficiency
  • Workforce Management
  • Business Planning
  • Legal Business Structures
  • Taxation
  • Sales Forecasting
  • Budgeting

Description

Transform your restaurant vision into reality with our comprehensive online course!

Learn the essential skills and strategies for building a successful restaurant business, from crafting a winning business plan to mastering efficient operations and financial management. This course goes beyond theory, providing practical, real-world applications to help you navigate the challenges and opportunities of the food service industry.

  • Master Restaurant Accounting: Gain a firm grasp of bookkeeping, financial statements (income statement, balance sheet, cash flow statement), and key financial ratios. Learn how to calculate and control food costs, operating expenses, and profit margins to maximize your profitability.
  • Optimize Operations: Discover how to streamline operations using Odoo 18, a powerful management system. Learn to leverage its POS system, manage inventory effectively, improve product management and enhance customer experience. We'll cover inventory valuation techniques (FIFO, AVCO), landed costs, and strategies for managing scrap inventory.
  • Strategic Planning & Management: Develop a robust business plan, understand various legal business structures and taxation, and learn how to forecast sales and budget effectively. You will gain insight into workforce management, including shift types and optimizing labor costs.
  • Legal & Financial Foundations: This course also explores crucial legal aspects, such as business structures and taxation, to ensure your restaurant operates within legal requirements.

Whether you're a seasoned restaurateur looking to improve efficiency or an aspiring entrepreneur, this course empowers you with the knowledge and skills to succeed in the competitive food service industry.

This course provides a step-by-step approach, covering everything from the initial business plan to ongoing financial management. Learn from real-world examples and case studies. Enroll today and unlock the potential of your restaurant business!

Curriculum

Navigating Restaurant Financial Fundamentals

This section lays the groundwork for understanding restaurant finances. You'll begin with an introduction to restaurant bookkeeping, learning essential steps for efficient accounting practices. We cover effective methods for managing operating expenses, calculating and controlling food costs (including COGS calculation), and the importance of tracking these costs for profitability. You'll master restaurant bookkeeping techniques and learn how to breakdown restaurant operating costs.

Profitability & Financial Ratios

Here, you'll delve into the crucial area of financial ratios, learning how to understand and use profit margins to gauge restaurant performance. The course examines the typical profit margins in the restaurant industry and provides strategies for improvement. We explore various shift types and their roles in workforce management and discuss key financial ratios for strategic decision-making. You will also learn how to calculate and reduce restaurant labor costs.

Streamlining Operations with Odoo 18

This section focuses on optimizing restaurant operations using Odoo 18. We explore how Odoo 18 POS enhances customer experience and efficient handling of customer information. We’ll demonstrate how Odoo 18 improves product management, inventory operations, and warehouse management. The course covers streamlining processes with push and pull rules, bill of materials, and includes case studies illustrating successful work center implementations. You will learn inventory management from receiving to storage.

Mastering Odoo 18 Inventory Management

This final section delves deeper into Odoo 18's inventory management capabilities. You'll learn how to master inventory accounting, improve inventory valuation techniques (including AVCO, FIFO), and understand standard costing. We cover strategies for managing inventory adjustments, optimizing scrap inventory, and tracking landed costs effectively. You'll become proficient in managing all aspects of inventory within the Odoo 18 system.

Deal Source: real.discount