Preparing a bid for an event can be a challenging task. You want to get a clear overview of your purchase costs, total costs and what you will ultimately have to charge the customer. In this blog, we discuss the best approach for this.
Manual calculation: time-consuming and cumbersome
A common method is to manually request prices, offset numbers and use Excel to arrive at a result. However, this process is labor intensive and has the disadvantage of having to start from scratch each time. Moreover, you are back to square one when changes in numbers occur. There must be a smarter way.
Calculating with catering software: efficient and automated
Many professionals in the event industry today use catering software. You enter your recipes once, link purchasing and the smart software automatically calculates your purchasing, food cost and margin with just one click. At Catermonkey, all your administrative tasks are handled as soon as you send in your quote. Think purchasing, margin, foodcost, invoicing, labels, and more. No more cutting and pasting into Excel.
Conclusion
Calculating your margin, food cost and purchasing for an event can be a complex task, but catering software offers an efficient and automated solution. It saves you time, improves your accuracy and simplifies your administrative processes. Invest in catering software like Catermonkey and discover how it can take your event business to the next level.
