Finance and Cash Management for Hospitality
£99.00
Pandemic has thrown challenges on the survival of the hospitality business. Managing the cash is now key in surviving the business.
in this short we have covered.
- Alternative revenue-generating strategies for hospitality
- Operation and cost management principles
- Financial model to calculate Cash management template –
- how to use it and manage your cash flows in the future.
An excel template is given along with the course which you can download and use.
Why choose Edplx?
- Internationally recognised accredited qualification
- Access to our free career advisors
- Approved UK Learning Centre
- 1 year accessibility to the course
- Attain PDF or hardcopy certificate to show employers
- Study at your own pace anywhere
- Employer has access to certificate validation
- Tutor Support available Monday-Friday
- Invitation to job fairs
Course Curriculum
This Course will cover some of the following topics:-
FINANCE AND CASH MANAGEMENT
- Introduction and Basis of projections-Cash Management for Hotels
- Making future plans and potential revenue generating activities
- Operational Plans that need to be looked at
- Cost management Practices at hotel and ABC system
- Other Matters before practical exercise
- Room Revenue Budget Template
- F&B Revenue Budgeting Template
- Banquet and Other operating Depts
- Headcount Budget
- Payroll and Other Cost Budgeting
- Other hotel operational Expenses
- Cash Budgeting Exercise
Who is this Course for
This course is suitable for
- Hotel Operation Managers
- Hotel Managers
- Supervisors
- Department heads
- Small hotel owners
- Restaurant owners
- restaurant managers
Requirement
This course is open to all with no formal entry requirements.
Course Features
- Lectures 12
- Quizzes 0
- Duration 1h 42m
- Skill level All levels
- Language English
- Students 371
- Certificate No
- Assessments Yes
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Finance and Cash Management for Hospitality
- Introduction and Basis of projections-Cash Management for Hotels
- Making future plans and potential revenue generating activities
- Operational Plans that need to be looked at
- Cost management Practices at hotel and ABC system
- Other Matters before practical exercise
- Room Revenue Budget Template
- F&B Revenue Budgeting Template
- Banquet and Other operating Depts
- Headcount Budget
- Payroll and Other Cost Budgeting
- Other hotel operational Expenses
- Cash Budgeting Exercise
