DESIGNED FOR: CPAs affiliated with the restaurant and foodservice operatorsFIELD OF STUDY: AccountingLEVEL: OverviewPREREQUISITES: NoneCOURSE PRODUCER: The Pros & The ConsCREDITS: 1.0OBJECTIVES:
- One of the daunting challenges today in our industry is the ability to develop forecasts. Ultimately they can affect production, ordering practices, and staffing.
Learn about multiple forecasting methods to be utilized in creating static and dynamic pars for purchasing and ordering. Understand what to information to gather to make the best modeling for your operation. Document external factors to assist in projected revenue (i.e. weather, seasonalities, special events, etc.).