Essential Financial Techniques for Hospitality Managers: a practical manual
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Oxford
Goodfellow Publishers Limited
2010
|
| Subjects: | |
| Online Access: | FAW01 FAW02 FLA01 |
| Item Description: | A user friendly and hands-on introduction to finance and accounting in the hospitality industry. A fully revised and updated second edition of the bestselling Guide to MoneyMatters for Hospitality Managers, it is a must-have companion for all managers and employees Foreword; Preface; 1Introduction to hospitality control; So, what is a business?; About hospitality and tourism; Overall features of the industry; Features of the different sectors; The importance of control; Attitudes to theft; Stakeholders; Organisational structures; Financial control or accounts department; 2Understanding management reports; Financial reports; Profit & Loss Report; Performance analysis; The Balance Sheet; Adjustments to Accounts; 3Managing revenue; Features of different sectors; Identifying areas for action; Improving revenue controls Control processes for different sectorsRevenue management; Improving sales generally; 4Managing costs; Types of costs; Ratios; Raw materials; Ways of improving GPs; Labour; Other costs; 5 Pricing to achieve profit; Different types of pricing; Marketer's method of pricing; Fitting the methods together; Breaking even; 6 Forecasting; Why bother?; What is forecasting?; Timing; Forecasting new products; Budgets; Strategic planning; Forecasting cash; 7Managing cash and stocks; Cash; Bank accounts; Paying bills (creditors); Stock management; Purchasing; Storage; 8Planning and monitoring usage Features of raw materialsPortion and usage control; Recipe costing; Standard costing; Standard costing for payroll; Sales variances; 9Using spreadsheets for management tasks; The basics of spreadsheet design; Spreadsheet exercise; Using spreadsheets for different tasks; Presenting results; More practice on spreadsheets; 10 Being part of a company; Ownership of business; Aspects of company accounts; Shares; Share ownership; Franchising and management contracts; 11Conclusions and developing your skills; Key themes; Anticipating trends; Developing your financial skills further Developing your skillsLooking after your staff; Glossary; Further resources; Index |
| Physical Description: | 248 pages |
| ISBN: | 9781906884857 1906884854 |
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| 500 | |a Control processes for different sectorsRevenue management; Improving sales generally; 4Managing costs; Types of costs; Ratios; Raw materials; Ways of improving GPs; Labour; Other costs; 5 Pricing to achieve profit; Different types of pricing; Marketer's method of pricing; Fitting the methods together; Breaking even; 6 Forecasting; Why bother?; What is forecasting?; Timing; Forecasting new products; Budgets; Strategic planning; Forecasting cash; 7Managing cash and stocks; Cash; Bank accounts; Paying bills (creditors); Stock management; Purchasing; Storage; 8Planning and monitoring usage | ||
| 500 | |a Features of raw materialsPortion and usage control; Recipe costing; Standard costing; Standard costing for payroll; Sales variances; 9Using spreadsheets for management tasks; The basics of spreadsheet design; Spreadsheet exercise; Using spreadsheets for different tasks; Presenting results; More practice on spreadsheets; 10 Being part of a company; Ownership of business; Aspects of company accounts; Shares; Share ownership; Franchising and management contracts; 11Conclusions and developing your skills; Key themes; Anticipating trends; Developing your financial skills further | ||
| 500 | |a Developing your skillsLooking after your staff; Glossary; Further resources; Index | ||
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| isbn | 9781906884857 1906884854 |
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| spelling | Burgess, Cathy Verfasser aut Essential Financial Techniques for Hospitality Managers a practical manual Oxford Goodfellow Publishers Limited 2010 248 pages txt rdacontent c rdamedia cr rdacarrier A user friendly and hands-on introduction to finance and accounting in the hospitality industry. A fully revised and updated second edition of the bestselling Guide to MoneyMatters for Hospitality Managers, it is a must-have companion for all managers and employees Foreword; Preface; 1Introduction to hospitality control; So, what is a business?; About hospitality and tourism; Overall features of the industry; Features of the different sectors; The importance of control; Attitudes to theft; Stakeholders; Organisational structures; Financial control or accounts department; 2Understanding management reports; Financial reports; Profit & Loss Report; Performance analysis; The Balance Sheet; Adjustments to Accounts; 3Managing revenue; Features of different sectors; Identifying areas for action; Improving revenue controls Control processes for different sectorsRevenue management; Improving sales generally; 4Managing costs; Types of costs; Ratios; Raw materials; Ways of improving GPs; Labour; Other costs; 5 Pricing to achieve profit; Different types of pricing; Marketer's method of pricing; Fitting the methods together; Breaking even; 6 Forecasting; Why bother?; What is forecasting?; Timing; Forecasting new products; Budgets; Strategic planning; Forecasting cash; 7Managing cash and stocks; Cash; Bank accounts; Paying bills (creditors); Stock management; Purchasing; Storage; 8Planning and monitoring usage Features of raw materialsPortion and usage control; Recipe costing; Standard costing; Standard costing for payroll; Sales variances; 9Using spreadsheets for management tasks; The basics of spreadsheet design; Spreadsheet exercise; Using spreadsheets for different tasks; Presenting results; More practice on spreadsheets; 10 Being part of a company; Ownership of business; Aspects of company accounts; Shares; Share ownership; Franchising and management contracts; 11Conclusions and developing your skills; Key themes; Anticipating trends; Developing your financial skills further Developing your skillsLooking after your staff; Glossary; Further resources; Index Hospitality industry / Management Hospitality industry Management BUSINESS & ECONOMICS / Accounting / Financial bisacsh Hospitality industry / Management fast Management fast Wirtschaft Hospitality industry Management |
| spellingShingle | Burgess, Cathy Essential Financial Techniques for Hospitality Managers a practical manual Hospitality industry / Management Hospitality industry Management BUSINESS & ECONOMICS / Accounting / Financial bisacsh Hospitality industry / Management fast Management fast Wirtschaft Hospitality industry Management |
| title | Essential Financial Techniques for Hospitality Managers a practical manual |
| title_auth | Essential Financial Techniques for Hospitality Managers a practical manual |
| title_exact_search | Essential Financial Techniques for Hospitality Managers a practical manual |
| title_full | Essential Financial Techniques for Hospitality Managers a practical manual |
| title_fullStr | Essential Financial Techniques for Hospitality Managers a practical manual |
| title_full_unstemmed | Essential Financial Techniques for Hospitality Managers a practical manual |
| title_short | Essential Financial Techniques for Hospitality Managers |
| title_sort | essential financial techniques for hospitality managers a practical manual |
| title_sub | a practical manual |
| topic | Hospitality industry / Management Hospitality industry Management BUSINESS & ECONOMICS / Accounting / Financial bisacsh Hospitality industry / Management fast Management fast Wirtschaft Hospitality industry Management |
| topic_facet | Hospitality industry / Management Hospitality industry Management BUSINESS & ECONOMICS / Accounting / Financial Wirtschaft Hospitality industry Management |
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