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[Music] foreign [Music] today we will talk about set up the restaurant menu setting the prices of your food is one of the most important tasks that a catering business owner must perform it involves handling the costs of food travel and labor well you can easily set the prices that will allow you to turn a profit you also have to compete with other businesses catering companies use different pricing systems depending on the type of service they provide for instance fixed pricing is a system that requires that certain items be priced at a fixed amount tiered pricing is a more flexible system that allows the price per person to go down as the number of people visiting the restaurant increases a buffet system is commonly used for preparing and serving large meals but it can also be used for smaller seeded meals another type of pricing system is custom pricing which allows customers to create their own custom quote based on their specific needs and costs before you start setting the price
