What is the best pricing strategy for small catering companies?

What is the best pricing strategy for small catering companies?

The best pricing strategy for small catering companies combines cost-conscious calculations with smart competition analysis and flexible adjustments per event type. You need to calculate your cost price accurately, apply a healthy profit margin of 20-35%, and apply...
How do you choose the right automated procurement solution?

How do you choose the right automated procurement solution?

Choosing the right automated purchasing solution starts with identifying your specific needs as a hospitality or events company. Look at functionalities such as supplier management, order management, stock linking and integration with your existing systems. Compare...
What pricing strategies do successful catering companies use?

What pricing strategies do successful catering companies use?

Successful catering companies use various pricing strategies such as cost-plus pricing, value-based pricing and dynamic pricing. They determine their prices by calculating ingredient costs, personnel costs and overheads, adding a desired profit margin, and adjusting...

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