Basics of Pricing
Just like baking, pricing is a mixture of the technical and art. There is the math part that is very structured and helps you nail down the foundation of your price which is cost, and there is the art part that comes along with setting your price, establishing a profit and getting someone to buy. If you need help with any of this, this class is perfect for you.
In this session, you will learn the basic elements to setting a price for the items on your menu. You will gain a better understanding of the following concepts: the leading causes of pricing issues; the difference between Price, Cost and Profit; the biggest mistakes when it comes to pricing; how to overcome your pricing fears; how to have more confidence in your pricing; and other tips that will help you along your business journey.