Theobroma Foods Outlet Manager Interview Questions, Process, and Tips

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

• P&L shows the financial performance of a business.

• To calculate P&L, subtract total expenses from total revenue.

• Example: If a business has $100,000 in revenue and $80,000 in expenses, the P&L would be $20,000.

• P&L helps in analyzing the profitability of a business and mak

Food cost is the ratio of the cost of ingredients used in a dish to the selling price of that dish.

• Food cost = (Cost of ingredients used in dish / Selling price of dish) x 100

• Helps in determining profitability and pricing strategies

• Monitor food cost regularly to control expenses and maximize profits

To control wastage, implement proper inventory management, train staff on portion control, monitor production processes, and analyze wastage data.

• Implement proper inventory management to track stock levels and reduce over-ordering.

• Train staff on portion control techniques to minimize food and beverage wastage.

• Monitor production processes to identify areas where wastage can be reduced.

• Analyze wastage data regularly to p...read more

KPI stands for Key Performance Indicator, a measurable value that demonstrates how effectively a company is achieving key business objectives.

• KPIs are used to evaluate the success of an organization or a particular activity.

• They help in setting goals and tracking progress towards those goals.

• Examples of KPIs include sales revenue, customer retention rate, and employee satisfaction.

• KPIs should be specific, measurable, a