Costing
Hospitality
Learn the best practices, tools, and tips for estimating and calculating event costs accurately.
Learning Outcome
Estimate and calculate costs for events
Area of Focus
Sourcing, costing and quoting
Description
Calculating the cost of products, services, or events can be a daunting task. For many, it brings back unpleasant memories of multiplication, division, and addition from their school days. However, miscalculating the costs can lead to a decrease in profits. Simple mistakes in the formula or unrealistic planning can cause the total expenses to exceed the income, which can be detrimental to the business. In this module, you will learn the best practices, tools, and tips for estimating and calculating event costs accurately. Our goal is to help you reduce the stress of this process and ensure that your business is profitable.
Enrol in the course

$24.95*

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*Businesses of Victoria have free access to this course courtesy of the Victorian Government