Explain why costs are high in the hospitality industry and why it is important to manage them carefully?

Top 10 Ways to Improve Your Food Costs

1.    Use an accurate scale to check in orders. 

2.    Do a mini inventory before placing any orders.

3.    Rotate your stock: First In, First Out.

4.    Pre-portion during prep when possible.  Use a scale.

5.    Have the correct ladles and scoops on the line at service. 

6.    Find ways to turn scraps from the prep of one menu item into prep for another.

7.    Use accurate recipes to help with ordering.

8.    Know your cost for a particular dish before you write the menu price for it.

9.    Accept a lower margin on higher-priced items if it’s profitable to do so.

10.  Frequently spot check portions for accuracy.