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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.
Growing up my father taught me everything I know. I remember him working on the house every Sunday. I being the child I was would always attempt to lend a hand even if it was only handing him a screwdriver. One Sunday he would be working on the stoop, the next week fixing up the cellar, after that maybe adding a few finishing touches to the porch. There was always some addition to make the house better. My mother would always say “there’s more of him in that front
she was. Some may see this as selfish but everyone is entitled to “me” time and
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.
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.
When I first got there it took her a while to get used to me. I
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.
the kitchen she had still made the time to meet all of our needs. As I hear her calm and delicate
Store managers were responsible for the grocery line, front-end department and general store operations but had little knowledge about merchandising, meat and produce. Instead, their duties included cleanliness of store, employee appearance, and sufficient checkout service and price accuracy. Store managers wanted to be trained in management skills to allow them opportunity for promotion to higher positions of district and regional management. With the original structure, store managers operation activities actually prevented them from learning these skills, such as merchandising. Frustration ran high with the store managers as the district store supervisors only focused store visits to assure that company operating standards were being practices, instead of training store managers to run their stores more efficiently.
As in the current fight for the safety of the young undocumented immigrants, several news channels have been pushing the issue. it has come from the fact that President Donald Trump balances the future of the "dreamers" emigrants who were brought into the United States illegally as children. Trump made his feelings quite clear on Barack Obama's immigration efforts while he was competing for office. "We will immediately terminate President Obama's two illegal executive amnesties, in which he challenged the federal law and the Constitution," Trump announced during a campaign rally. But he seemed to change his point of view after the election.
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.
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.
...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.
He taught me many thing, but most importantly he taught me how to be compassionate, how to love and how to care. He as inspired me to achieve my goals, and now that he has passed that is exactly want I’m going to do.