Finance and Cash management for Hospitality | |||
Section 01: Fundamental and understanding concepts | |||
Introduction and Basis of Projections | 00:05:00 | ||
Making future plans and potential revenue generating activities | 00:06:00 | ||
Operational Plans that need to be looked at | 00:06:00 | ||
Cost management Practices at hotel and ABC system | 00:07:00 | ||
Other Matters before practical excercise | 00:05:00 | ||
Section 02: Financial Model and Working on Fianacial model | |||
Room Revenue Budget Template | 00:05:00 | ||
F&B Revenue Budgeting Template | 00:10:00 | ||
banquet and Other operating Depts | 00:10:00 | ||
Headcount Budget | 00:11:00 | ||
Payrol and Other Cost Budgeting | 00:12:00 | ||
Other hotel operational Expenses | 00:10:00 | ||
Cash Budgeting Excercise | 00:11:00 | ||
Assignment | |||
Assignment -Finance and Cash management for Hospitality | 00:00:00 | ||
Cost Control Process and Management | |||
Section 01: Introduction & Fundamentals | |||
Introduction and Fundamental Terms | 00:09:00 | ||
Fundamental terms – Perishable / Non Perishable cost, Inventory Terms | 00:05:00 | ||
Qualities of Good Cost Controller | 00:07:00 | ||
Section 02: Cost Control process | |||
Cost Control Process and Controls related to Purchasing | 00:10:00 | ||
How to estimate Kitchen food Order Process Simplified | 00:06:00 | ||
How to Setup Store PAR for to identify re-order levels | 00:06:00 | ||
Basic Receiving Process Controls | 00:07:00 | ||
Basic Store Process controls | 00:08:00 | ||
Section 03: Production Control and Tests | |||
Production Controls | 00:05:00 | ||
Recipe Card & Controls | 00:08:00 | ||
Buffet Costing and Menu Pricing | 00:08:00 | ||
Section 04: Test and Checks in Cost Control | |||
Butcher test | 00:09:00 | ||
Bar Spot Checks and Recipe Testing | 00:06:00 | ||
Production Control Via Menu Engineering | 00:08:00 | ||
Slow and Non Moving Inventory | 00:03:00 | ||
Section 05: Monitoring via reports and Checklist | |||
Daily & Monthly Food Cost Reports | 00:11:00 | ||
Menu Engineering Reports | 00:09:00 | ||
Cost Control Checklist | 00:03:00 | ||
Assignment | |||
Assignment -Cost Control Process and Management | 00:00:00 | ||
How to Analyse & Maximize Restaurant Profits | |||
Section 01: Introduction | |||
Introduction | 00:01:00 | ||
Introduction to F&B Operations | 00:14:00 | ||
Restaurant Positioning & Designing Concepts | 00:19:00 | ||
Menu Engineering Concepts Explained | 00:11:00 | ||
Section 02: Restaurant revenue Analysis | |||
Cover & Revenue Analysis | 00:19:00 | ||
Section 03: Menu Engineering Report | |||
Menu Engineering Report | 00:12:00 | ||
Menu Engineering Example | 00:08:00 | ||
Strategic Actions based on menu engineering report | 00:13:00 | ||
Section 04: Cost Analysis & Management | |||
Understanding and Analysing F&B Cost | 00:13:00 | ||
Cost Analysis and Management (Video from our Live Workshop) | 00:16:00 | ||
Assignment | |||
Assignment -How to Analyse & Maximize Restaurant Profits | 00:00:00 |
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