DSG Interview Questions, Process, and Tips for Experienced

A profit and loss statement is a financial report that summarizes a company's revenues, expenses, and profits over a specific period of time.

• It shows the company's total revenue, total expenses, and net income or loss.

• It helps in analyzing the financial performance of the business.

• It is also known as an income statement.

• Example: A profit and loss statement for a restaurant would include revenue from food sales, expense...read more

Beverage cost refers to the total cost of all beverages sold in a restaurant compared to the revenue generated from those sales.

• Beverage cost is calculated by dividing the total cost of beverages by the total revenue from beverage sales.

• It is important for restaurant managers to closely monitor beverage cost to ensure profitability.

• Lowering beverage cost can be achieved through effective inventory management, pricing s...read more

Food cost is the total cost of ingredients used to prepare a dish or menu item.

• Food cost is calculated by adding up the cost of all ingredients used in a recipe.

• It is typically expressed as a percentage of the menu price, with the goal of keeping it below a certain threshold to ensure profitability.

• For example, if a dish costs $5 to make and is sold for $15, the food cost percentage would be 33%.

Food and beverage cost can be calculated by dividing the total cost of food and beverages by the total revenue generated from food and beverages.

• Calculate the total cost of food and beverages purchased during a specific period.

• Calculate the total revenue generated from food and beverages during the same period.

• Divide the total cost by the total revenue to get the food and beverage cost percentage.

• For example, if the to...read more

Line items of P&L include revenue, cost of goods sold, gross profit, operating expenses, net income.

• Revenue: total income generated from sales

• Cost of Goods Sold: direct costs associated with producing goods sold

• Gross Profit: revenue minus cost of goods sold

• Operating Expenses: costs incurred in running the business (e.g. rent, utilities, salaries)

• Net Income: total profit after all expenses are deducted

Yeast is a type of fungus used in baking and brewing to help dough rise and ferment liquids.

• Yeast is a single-celled organism that feeds on sugars and produces carbon dioxide gas and alcohol as byproducts.

• It is commonly used in baking to leaven bread and create a light, airy texture.

• Yeast is also used in brewing to ferment sugars in grains or fruits to produce alcohol.

• There are different types of yeast, such as active ...read more

The French region known for its wines is Bordeaux.

• Bordeaux is famous for its red wines, particularly Cabernet Sauvignon and Merlot blends.

• The region is divided into sub-regions like Medoc, Saint-Emilion, and Pomerol.

• Bordeaux also produces white wines, sweet wines like Sauternes, and sparkling wines.

Hospitality comes from a genuine desire to make others feel welcome, comfortable, and valued.

• Hospitality is rooted in empathy and kindness towards others

• It involves creating a warm and inviting atmosphere for guests

• Good hospitality includes attentiveness, good communication, and problem-solving skills

• Examples: greeting guests with a smile, anticipating their needs, resolving any issues promptly