Atricle Dump - Business

Bringing Architects and Their Partners Together: The Power of a Secure Extranet
An extranet is a private network within which document sharing can take place by specific groups of users outside the organization through a network administrator. An organization may allow authorized customers and partner’s access to the system after verifying the usernames and passwords.The extranet: Enhanced document sharing and collaborationArchitectural firms have increa

on Pricing Alcoholic Beverages Now, let's see how to price the alcoholic beverages on the menu:

* Beverage costs are generated in the mid-20% range of beverage sales. As for food, these can be higher or lower. Fine dining establishments may run up to 40%. On the other hand, restaurants serving draft beer may run as low as a 15% beverage cost. So, it's important to find out the industry averages by comparing your cost percentage to restaurants with similar menus and service levels.

Project Management; An Undervalued Skill
Many skills are admired and sought by individuals who want to progress in an organization. But one which would make them more effective in an organization is usually treated indifferently, by the individual and the organization.People studying for their MBA and aspiring executives concentrate their learning on marketing, strategy, finance, e-commerce and organisational behaviour but

Menu pricing is one of the most important decisions for any restauranteur. It may look easy, but the fact is that you cannot price it simply by your intuition. It requires consideration, observation and asking certain questions. For instance, do you remember your last visit to a market or a mall as a buyer? How many goods had an acceptable price enticing enough to motivate you to make a purchase? In reality, pricing must be an amount that someone else is ready to pay for your service or product.

Creating a restaurant menu is tricky business. Not only does it involve selecting attractive and popular dishes, but also pricing them competitively. Pricing is important not only to make the business profitable, but also to offer good value to customers to win them over.

Tips on Pricing the Food Items

Let's see how to price the food items on the menu:

* Generally, successful restaurants keep the food costs in the range of 27 to 32% of food sales. These percentages can be higher or lower depending upon the type of restaurant. However, to be more accurate, it's best to compare your cost percentage with restaurants having similar menus and services.

* While calculating the cost of food, all ingredients must be included. Work out the cost of each recipe for each menu item and don't forget to include things, like spices and garnishes in the cost.

* Your recipe costs for items and sales prices will determine whether your food cost is in line with the industry averages. This will also help in monitoring your performance and analyzing problems and trends.

* Ideally you should be able to determine a consistent overall food cost which, when combined with proper pricing, will positively impact on your profitability.

* It's also important to remember there are other costs of operating a restaurant that need to be taken into account to determine optimal pricing for menu items. These include the cost of labor, rent and debt.

Tips on Pricing Alcoholic Beverages Now, let's see how to price the alcoholic beverages on the menu:

Business Credit Cards - Choosing The Best Card For Your Business
There are a lot of credit card choices out there, whether for business or personal use. Choosing a business credit card is an important decision because there are many factors and features to consider. You may not just want to take the credit card that your bank offers you when you open a business checking or savings account. These cards often don’t have the benefits that other cards do. F