Finance and Cash management for Hospitality

Finance and Cash management for Hospitality

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Overview

Finance and cash management of hospitality is a professional course for the hotel operation manager, hotel manager, hotel supervisor, hotel department heads, restaurant owners, restaurant managers who want to learn the key tactics of managing the business cash.

In this comprehensive Finance and Cash management for hospitality course, you will learn alternative revenue generating processes in the hospitality industry, operations and cost management principles, financial model to formulate cash management templates and much more.

Pandemic has thrown challenges on the survival of the hospitality business. Managing the cash is now key in surviving the business. By the end of this course, you will be able to manage your hospitality business finance and cash successfully, even in the tough time of the pandemic.

Why People Love And Enrol The Finance and Cash management for Hospitality Course From One Education

  • Eligibility for a CPD-accredited certificate on successful completion of Finance and Cash management for Hospitality Course
  • Learning materials of our Finance and Cash management for Hospitality course contains engaging voiceover and visual elements for your comfort
  • Freedom to study at your own pace
  • 24/7 access to the Finance and Cash management for Hospitality course materials for 12 months
  • Full Tutor support on weekdays (Monday – Friday)

Course Design

The course is delivered through our online learning platform, accessible through any internet-connected device. There are no formal deadlines or teaching schedules, meaning you are free to study the course at your own pace.

You are taught through a combination of

  • Video lessons
  • Online study materials

Will I receive a certificate of completion?

Upon successful completion, you will qualify for the UK and internationally-recognised certification and you can choose to make your achievement formal by obtaining your PDF Certificate at a cost of £9 and Hard Copy Certificate for £15.

Why study this course

Whether you’re an existing practitioner or aspiring professional, this course will enhance your expertise and boost your CV with key skills and an accredited qualification attesting to your knowledge.

The Finance and Cash management for Hospitality is open to all, with no formal entry requirements. All you need is a passion for learning, a good understanding of the English language, numeracy and IT, and to be over the age of 16.

Course Curriculum

Finance and Cash management for Hospitality
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
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
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Business Model Canvas for Business Plan
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