Enrolled: 2 students
Duration: 2 hours
Lectures: 12
Video: 2 hours
Level: Advanced

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cash management and Hotel income statement
Cash management is very important for businesses, to be able to survive during crisis or difficult times. Cash Management includes forecasting needs, estimating revenue, and expenses based on operation requirements.

Pandemic has thrown challenges on the survival of the hospitality business. Managing the cash is now key in surviving the business.

in this short course on cash management, we have covered.

1. alternative revenue-generating strategies for hospitality

2. operation and cost management principals

3. Financial model to calculate Cash management template –

4. 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.

if you feel any difficulty in filling up the template, pls message

What you’ll learn

  • Alternative Revenue Generation Strategies
  • Cost management Strategies
  • Practical Template to prepare cash management

Are there any course requirements or prerequisites?

  • Basic Hotel Management operations

Who this course is for:

  • Hotel Operation Managers
  • Hotel Managers
  • Supervisors
  • Department heads
  • Small hotel owners
  • Restaurant owners
  • restaurant managers

Other courses on hotel management by Mr Manish Gupta

Analyze Hotel Financial Statements steps you must learn for Rooms Dept

Learn how to analyse and maximize Restaurant Profitability

Analyze & Interpret Overall Hotel Financial Statements

Fundamentals of Hotel Revenue Management

 

Fundamentals and understanding concepts

1
Introduction and Basis of Projections
2
Making future plans and potential revenue generating activities
3
Operational Plans that need to be looked at
4
Cost management Practices at hotel and ABC system
5
Other Matters before practical exercise

Financial Model and Working on Financial model

1
Room Revenue Budget Template
2
F&B Revenue Budgeting Template
3
Banquet and Other operating Depts
4
Headcount Budget
5
Payroll and Other Cost Budgeting
6
Other hotel operational Expenses
7
Cash Budgeting Exercise

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Cash Management and Forecasting – You must master for Hospitality in 2021
Price:
$99 $9.99
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