In the world of Food & Beverage, success isn’t just about great service and amazing food — it’s about building a business that can thrive sustainably. This course is designed to give you, the developing F&B leader, a complete understanding of the financial systems, reporting tools, and cost-control practices used across top-performing restaurants, hotels, and hospitality operations.
Financial mastery isn’t about becoming an accountant — it’s about learning to lead your team more effectively, make smarter decisions, and operate with confidence.
If you’ve ever said:
- “I wish I understood our financial reports more clearly…”
- “I want to run better food and labor costs.”
- “I don’t feel confident explaining numbers to my team.”
- “I want to be a stronger operational leader.”
…then this course is for you.
What You’ll Learn
Throughout seven comprehensive sections, you’ll learn how to:
- Understand core financial statements and dashboards
- Track daily, weekly, and monthly KPIs
- Control food cost, beverage cost, and waste
- Build labor budgets and schedule more effectively
- Use forecasting tools to plan ahead
- Apply recipe costing, COGS tracking, and ideal cost models
- Lead financially intelligent teams
- Run operations that stay profitable — even in challenging seasons
Who This Course Is For
- Restaurant managers
- Hotel F&B supervisors
- Culinary leaders
- HR/training teams
- Future managers preparing for leadership roles
- Anyone looking to upgrade their financial confidence
Why This Matters
When leaders understand the story behind the numbers, everything improves: margins, morale, communication, trust, and stability. Financial clarity creates business stability — and stable businesses create growth opportunities for everyone on the team.
Let’s get started.
Course Features
- Lectures 51
- Quizzes 7
- Duration 3 hours
- Skill level All levels
- Language English
- Students 8
- Certificate Yes
- Assessments Yes
- 9 Sections
- 51 Lessons
- 3 Hours
Expand all sectionsCollapse all sections
- Introduction and Overview1
- 1.0 Foundations of F&B Financial Management8
- 2.11.0 Introduction: Foundations of F&B Financial Management
- 2.21.1 Understanding the F&B Financial Ecosystem5 Minutes
- 2.31.2 The Language of F&B Finance5 Minutes
- 2.41.3 How to Read a Profit & Loss Statement5 Minutes
- 2.51.4 The Manager’s Role in Financial Health5 Minutes
- 2.61.5 Building Confidence With Numbers5 Minutes
- 2.71.6 Recap: Foundations of F&B Financial Management
- 2.81.7 Foundations of F&B Financial Management Quiz15 Minutes7 Questions
- 2.0 Daily & Weekly Performance Reporting8
- 3.12.0 Introduction: Daily & Weekly Performance Reporting
- 3.22.1 Daily Sales Reports: Your First Line of Financial Control5 Minutes
- 3.32.2 Using Flash Reports to Catch Problems Early5 Minutes
- 3.42.3 Weekly KPI Dashboards and What They Reveal5 Minutes
- 3.52.4 Leveraging Variance Reports for Smarter Leadership5 Minutes
- 3.62.5 Communicating Results to Your Team5 Minutes
- 3.72.6 Recap: Daily & Weekly Performance Reporting
- 3.82.7 Daily & Weekly Performance Reporting Quiz15 Minutes7 Questions
- 3.0 Food Cost Control & Cogs Management8
- 4.13.0 Introduction: Food Cost Control & Cogs Management
- 4.23.1 Understanding Ideal Food & Beverage Costs5 Minutes
- 4.33.2 Using the 12-Month COGS Tracker for Consistency5 Minutes
- 4.43.3 Waste, Yield, and Portioning Systems5 Minutes
- 4.53.4 How Ordering & Inventory Shape Profitability5 Minutes
- 4.63.5 How to Run a Monthly COGS Review5 Minutes
- 4.73.6 Recap: Food Cost Control & Cogs Management
- 4.83.7 Food Cost Control & Cogs Management Quiz15 Minutes7 Questions
- 4.0 Recipe Costing, Menu Math & Pricing Strategy8
- 5.14.0 Introduction: Recipe Costing, Menu Math & Pricing Strategy
- 5.24.1 Recipe Costing Fundamentals5 Minutes
- 5.34.2 Menu Engineering: Stars, Plowhorses, Puzzles, and Dogs5 Minutes
- 5.44.3 Pricing for Profit, Value & Guest Psychology5 Minutes
- 5.54.4 Monthly Menu Performance Evaluation5 Minutes
- 5.64.5 Working With Culinary Teams to Maintain Standards5 Minutes
- 5.74.6 Recap: Recipe Costing, Menu Math & Pricing Strategy
- 5.84.7 Recipe Costing, Menu Math & Pricing Strategy Quiz15 Minutes7 Questions
- 5.0 Labor Cost Management & Staffing Strategy8
- 6.15.0 Introduction: Labor Cost Management & Staffing Strategy
- 6.25.1 Understanding Labor Cost & Productivity Metrics5 Minutes
- 6.35.2 Building Smarter Staffing Models5 Minutes
- 6.45.3 Schedule Optimization for Guest Demand5 Minutes
- 6.55.4 Managing Overtime, Breaks & Compliance5 Minutes
- 6.65.5 Coaching Teams to Work Smarter, Not Harder5 Minutes
- 6.75.6 Recap: Labor Cost Management & Staffing Strategy
- 6.85.7 Labor Cost Management & Staffing Strategy Quiz15 Minutes7 Questions
- 6.0 Financial Forecasting, Cash Flow & Break-Even Analysis8
- 7.16.0 Introduction: Financial Forecasting, Cash Flow & Break-Even Analysis
- 7.26.1 Understanding Cash Flow Cycles5 Minutes
- 7.36.2 Sales Forecasting: Predicting the Future With Confidence5 Minutes
- 7.46.3 Break-Even Analysis for Daily Operations5 Minutes
- 7.56.4 How to Lead With Forecasts Instead of Assumptions5 Minutes
- 7.66.5 Multi-Unit Leadership: Managing Forecasts Across Locations5 Minutes
- 7.76.6 Recap: Financial Forecasting, Cash Flow & Break-Even Analysis
- 7.86.7 Financial Forecasting, Cash Flow & Break-Even Analysis Quiz15 Minutes7 Questions
- 7.0 Leading Financially Intelligent Teams8
- 8.17.0 Introduction: Leading Financially Intelligent Teams
- 8.27.1 Building Financial Transparency & Trust5 Minutes
- 8.37.2 Coaching Teams on Cost Awareness Without Fear5 Minutes
- 8.47.3 Setting Expectations, Goals & Scoreboards5 Minutes
- 8.57.4 Running Effective Financial Review Meetings5 Minutes
- 8.67.5 Creating a Culture of Ownership & Accountability5 Minutes
- 8.77.6 Recap: Leading Financially Intelligent Teams
- 8.87.7 Leading Financially Intelligent Teams Quiz7 Questions
- 8.0 Financial Mastery & Cost Control Systems Downloads1
