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Home Online Courses Financial Analysis Finance and Cash Management for Hospitality

Finance and Cash Management for Hospitality Edplx

Finance and Cash Management for Hospitality

Edplx

Price: USD 15
~~USD 340~~

Duration: Upto 2 Hours

Course details

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

Updated on 31 January, 2023

Eligibility / Requirements

This course is open to all with no formal entry requirements.

Job roles this course is suitable for:

Financial Analyst , Cash Sales Manager , Business Development Leader , Finance Manager

About Edplx

Edplx is a UK based talent driven company and global leader in online courses. We are proud of helping learners in attaining real qualifications and leading them to success. We offer award body accredited online courses recognised by respected companies and organisations giving you the career and network opportunity. We are proud to work alongside with world class Instructors and Professors providing the best of education. We are on a mission to help students have access to education from all parts of the world. We believe everyone should have the opportunity to study, learn and attain a career. We offer a variety of online courses that will help focus on the subjects our learners are interested in. We ensure our students are exposed to knowledge shared by highly professional instructors around the globe which cannot be learned in books.

Why choose us?