School tuckshops are small food businesses, and as such must implement best practice financial management to be viable....
Resources
Finance Resources
Good financial management is key to a successful tuckshop. Whether your goals are to simply cover costs, offer a service for students or to make a profit for the school community, you need to have your finances in check.
Key areas of financial management include controlling staff levels, monitoring cost of incoming goods and maintaining a suitable average mark-up.
For an in depth review of your entire operation, you can organise a site visit by booking a Tuckshop Tuneup.
Or, to get started, check out the below resources to support you in the good financial management of your tuckshop.
Tuckshop Turnaround Project
In 2019/20 QAST worked with 21 schools and tuckshops across Queensland to develop resources to assist in turning around tuckshop finances. This work was funded by the Department of Education and is available to all. Check it out.
Finance Resources
As a QAST member, you have access to a range of financial tools and resources designed to support you in running a healthy...
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As a business run by a not-for-profit organisation (i.e. your school P&C Association), there are numerous grant opportunities...
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Reviewing your Profit and Loss (P&L) Statement can be daunting if you haven’t had previous business experience....
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Pricing the menu to ensure sufficient mark up is a complex task.
These menu pricing and markup resources allow you to cost...
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The Department of Education (Procurement Branch) is responsible for the Food and Tuckshop Supplies standing offer arrangement...
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Why have goals?
It is important to take the time to establish goals for your tuckshop. This could be done as part of a broader...
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Getting your staffing expenses right, up front, is crucial to the good financial management of a school tuckshop.
It’s...
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QAST conducted the Tuckshop Turnaround Project in 2019/2020 with funds from the Queensland Department of Education....