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WORKSHOP EPISODE: Calculating Your Product Profit Margins in Your Hospitality Business with Scott McNamara.

In our first workshop type episode, I welcome Scott McNamara back onto the mic as he takes us through his template for analysing and forecasting gross profit margins in his business.  Knowing your gross profit is really important for many aspects of your planning and forecasting.

it is also important when it comes to your menu design and optimisation too – something that we will cover in a future episode.

Scott has also agreed to share his template with you too so that you are able to get an idea of what his process is and the figures that he uses to calculate his gross profit margin.

You can access a copy of Scott’s template here.

This is also a video version of this episode available here: https://youtu.be/zJVgogbcLB4

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