Incorporating Food Prices and Staffing into Your Quotes

Incorporating Food Prices and Staffing into Your Quotes

Profitable businesses are built on an effective pricing strategy, which starts and ends with accurate customer quotes. Too high and you may price yourself out of contention; too low and you risk eating into your bottom line. Calculating the sweet spot in pricing requires proper valuation not just of the end product but the cost of goods and services that go into its execution.

As you build customer quotes, two of the most important (and often most confusing) areas to price are your food prices and staffing costs. With supply chain concerns, increased inflation, and a tough employment market, it’s more crucial than ever to ensure your quotes adequately reflect your expenses to keep your profit margins healthy.

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5-minute Hacks for Motivating Staff

5-minute Hacks for Motivating Staff

Teamwork is essential in the events industry, but it’s especially important in the catering world. After all, there’s a whole saying about having too many cooks in the kitchen. Ensuring that your staff remains motivated and committed to the job at hand is the key to a cohesive work environment and, in turn, a team that is driven toward success.

Let’s take a look at what the experts have to say about motivating a bustling staff in an ever-changing environment.

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How Food Costs and Staffing Come into Play When Creating Quotes

How Food Costs and Staffing Come into Play When Creating Quotes

Developing an accurate prospective quote requires careful planning to ensure you are doing right by your client. Overcut your quote and you might lose them to a competitor; undercut it and you may find your client disappointed when the final invoice turns out to be higher than expected.

Let’s look at a few ways to ensure your proposals are crafted with detail and precision. 

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