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Theory of Inventory Management
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When I first opened my restaurant I had no clue on how to get started. I knew nothing about inventory or purchasing food. I did somehow manage to get my cash in working order with the help of a instruction book. When we got the restaurant up to code, I got a lot of help from health inspector on how and what to watch for in my place of business. On the other hand I had a great lady who had run a restaurant for 36 years teach me the rest. It wasn't hard to do just a lot to maintain and keep up. She taught me how to utilize my food , and keep up with my inventory. It was very interesting to say the least. The first day I opened I made $400.00 over head, after paying my employees. I thought I was doing fairly well since it just mostly hamburgers …show more content…
Pretty soon I was up and running and doing really well. Then we got our ABC lisence and installed some pool tables. Now we really had it going on. My lady who was just so great at this I give her all my glory, had it not been for her I would have known nothing, she was my teacher and mentor. All my over head went back in my business after paying my employees. Pretty soon my restaurant was becoming a success not to mention a night crowd who just wanted beer and dancing and playing pool. I thought I had found my happy place and this was what I was going to do with my life. The gentlemen who opened this place for me had came into some money and we put it to work for us. We was really doing well, but om Dec 26th that year he suddenly passed away and I lost all interest. His death devastated me and I didn't want to be there anymore. But I never lost my insight on how to do this .The lady who trained me to open that place made me her morning manager at her restaurant. I ordered all food , broke it down for inventory and since this before computers we did all our paperwork by hand. She was very happy with the way I caught on and I was happy that she trusted me with all
Stephen Boos has worked in the food service industry for over 30 years. He started as a bus person and subsequently trained as a chef’s apprentice. Steve’s mother believed that a college education was something that everyone should receive. She felt that a college degree was a good investment in Steve’s future. In 1976 at his mother’s insistence, Boos moved to Northeastern Ohio to attend Kent State University where he earned a bachelor’s degree in business administration. After graduation, Steve began working for East Park Restaurant as a line cook. Using his education as a foundation, Steve made a point to learn everything he could about running a restaurant, from cutting meat to the bi-weekly food and beverage orders. His versatility, keen business sense, and ability to control costs resulted in Steve’s promotion to General Manager, as role he has held since 1995.
He had this job as long as I can remember. This job was his passion he found so much enjoyment in it. When I was nothing but a small boy I would wait anxiously at the door for his arrival. I would even miss him so bad at times I would drag my pillow and blanket to the door and fall asleep. When he would return I would hear marvelous stories on where he was, the people he met, and the things he saw. I would go to school and tell everybody how amazing my father was and all the things he did; I truly looked up to him. Unfortunately after many years his job had become rather repetitive and took a toll on his aging body. No matter how exhausted he was he always did the job of a salesman. In the short time preceding his death my father went to ask for a different position where he wouldn’t travel so much. In the end he was declined and lost his temper, resulting with the lost of the job he had loved for many
she was. Some may see this as selfish but everyone is entitled to “me” time and
When I first got there it took her a while to get used to me. I
Many people desire to own a business, and many people go on to do so with knowledge and without having the proper knowledge. Working for two non-profit organizations much knowledge was gained in knowing how to operate these entities effectively and meeting with success. It was not easy due to the many mistakes made by management. Understanding the business is paramount before starting or working for a company. Many people only think about the possibility of making money but very few evaluate the possibility of losing money.
the kitchen she had still made the time to meet all of our needs. As I hear her calm and delicate
I had just recently had the opportunity to know my grandpa better. Ken had many health problems through his life. He was diagnosed with lung cancer and passed away two weeks later. I had a rough time with his death and didn’t know quite how to deal with it. Through the years I have gotten stronger and have learned to use his death as motivation.
The boss had told me he went out of business. I was scared. I knew this may happen one day but I never really expected it to. I ran to buy a copy of the newspaper to see there were at least sixty people ahead of me.
The reason America needs restaurant franchising companies is so more restaurants will succeed and help people realize their dreams of opening their own restaurant. The need for a restaurant franchising company is more prevalent then most people may realize. According to BloombergBusinessWeek.com, 60 percent of all restaurants fail. I believe that with my franchising firm I could help future business owners reach their personal dreams and financial goals. The most successful restaurants started out as small businesses (franchoice.com). McDonald’s started out as two brothers making milkshakes. This means that any small business can become an international franchise in time.
I took my notebook to the church and sat in the front pew. I worked on a short story called Mushroom until I was alone in the church with my grandpa's open casket. It was impossible to distract myself from this situation anymore. I approached my grandpa and looked closely at him. I started talking to him about the things I had been doing in Massachusetts. I sang songs to him. I asked him if I would ever find a way to stop loving the girl who broke my heart a year earlier. I cried for a little while. I touched his hands. I realized how much I admired the power of his smile and his capacity for joy.
3) Inventory: the restaurant business is very demanding especially when the products used can be easily spoiled. Must of the inventory has to be order in time and has to be maintained at a certain temperature to minimize liability. 4/5) Maintenance/reliability: this is a key factor, the consistency of the food and the services must work hand to hand to preserve the reputation.
When you are in this business, there a lot of things you need to know. So I’m here to tell you what I would do and how I would do it, if I decided to open up a restaurant. One of the things you and I will need in this business is patience, perseverance, a high tolerance for stress, and a sense of humor. If you have those four things, you can be successful in the restaurant business. It’s all about keeping the customer satisfied in every area and enjoying the job while you do it.
location, what kind of thing he is going to put on his menu and how
...ded once they see that the sales will be increasing and tips will be larger. Good staff will increase good public relations which will result in better business. Marketing a restaurant is the most important part in running a restaurant. If a restaurant is not marketed, no one will know about the restaurant causing it to lose money to operate forcing it to close down. Prices on the menu should always be appealing to the restaurant target market and set towards the products on the menu. It is essential that a restaurant develops its staff to the fullest, for a strong staff creates better sales and the public is pleased .
The revenue/cost period-: Revenue and the cost period in accounting that the company get income from normal business activities. It’s referred to normal business income that the company got by selling their product and service.