- 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.
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
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
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 ManagerAbout 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?
- Respectable London based company
- Internationally recognised accredited qualifications
- Affordable courses for everyone
- Access to our free career advisors
- Monthly Prize draw entry for anyone who purchases a course
- Over 95% pass rate
- 1 year accessibility to the course
- PDF or hardcopy certificate available to show employers
- Study at your own pace anywhere
- Employer has access to certificate validation
- Tutor Support available
- Invitation to future job fairs
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