Olive Bar & Kitchen Restaurant Captain Interview Questions and Answers

P&L stands for Profit and Loss. It is a financial statement that shows the revenues, costs, and expenses incurred during a specific period of time.

• P&L is used to assess the financial performance of a restaurant.

• To control P&L, a restaurant manager can focus on increasing revenue and reducing costs.

• Increasing revenue can be achieved through strategies like menu engineering, marketing campaigns, and upselling.

• Reducing co...read more

COSV can be controlled by monitoring inventory, reducing waste, and negotiating with suppliers.

• Regularly monitor inventory levels to prevent overstocking or understocking

• Reduce waste by implementing portion control and proper storage techniques

• Negotiate with suppliers for better pricing and quality products

• Regularly review menu items and adjust pricing as needed

• Train staff on proper handling and preparation of ingredie

Incentives for Restaurant Managers include bonuses, career advancement opportunities, and employee discounts.

• Bonuses based on performance or meeting targets

• Opportunities for career advancement within the company

• Employee discounts on meals or merchandise

• Recognition and rewards for exceptional work

The profit a restaurant manager can give to the company depends on their ability to increase revenue, control costs, and improve efficiency. In return, the manager can expect competitive salary, benefits, and opportunities for growth.

• Increasing revenue through effective marketing strategies and menu planning

• Controlling costs by managing inventory, labor, and overhead expenses

• Improving efficiency through staff training,...read more

Fairmont has over 70 hotels worldwide.

• Fairmont has hotels in North America, Europe, Asia, Africa, and the Middle East.

• Some notable Fairmont hotels include The Plaza in New York City, The Savoy in London, and The Fairmont Banff Springs in Canada.

• Fairmont also has several resort properties, such as the Fairmont Mayakoba in Mexico and the Fairmont Southampton in Bermuda.