Episode Details

Ready to master the art of cocktail costing and pricing? Tune into this episode where we walk through the ins and outs of every element that goes into crafting and pricing a lucrative cocktail. This isn't just about the cost of the liquor, we're talking mixers, soda, and even that quarter of a lime. I promise, by the end of this session, you'll be able to maintain that golden 20% liquor cost, while ensuring your bar stays profitable!

In this engaging discourse, we'll delve into the complexities of different cocktails and the costs associated with it. We're not stopping there though, we'll also discuss the importance of your POS system and how it can help you keep track of costs and price your drinks appropriately. You'll also gain insight into understanding your product mix and how it can help you adjust prices. And to wrap things up, we'll discuss the why's and how's of factoring tax into your drink's cost and strategies to increase prices without causing a stir. So grab your headphones, set aside a notepad, and let's talk business!

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📌Additional resources
🔴Grab the books “How to Make Top-Shelf Profits in the Bar Business!” and “Menus that Sell” here:
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