Profit Planning

Profit Planning

by Peter Harris
     
 

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A complete guide to using key managerial accounting techniques for planning, controlling and improving profitability at the business property level - the ''cutting-edge'' of routine decision making. Extended edition now includes a major new section Step-by-Step: Quantitative analysis of cost functions in hotels & restaurants.

Contents

Chapter 1: Hospitality

Overview

A complete guide to using key managerial accounting techniques for planning, controlling and improving profitability at the business property level - the ''cutting-edge'' of routine decision making. Extended edition now includes a major new section Step-by-Step: Quantitative analysis of cost functions in hotels & restaurants.

Contents

Chapter 1: Hospitality service businesses: a fresh insight, Chapter 2: Review of Hospitality financial statements, Chapter 3: Understanding and interpreting results, Chapter 4: Comparing and benchmarking performance, Chapter 5: Understanding cost behaviour in practice, Chapter 6: Break-even, profit and losses, Chapter 7: Cost Structure, Chapter 8: Budget variances, Chapter 9: Profit multipliers, Chapter 10: Pricing hotel and visitor attraction services, Chapter 11: Budgeting and forecasting, Chapter 12: Developing customer profit analysis, Chapter 13: Reporting relevant results, Chapter 14: Capital investment appraisal, Appendix: Statistical analysis of cost method; Appendix Step-by-Step: Quantitative analysis of cost functions in hotels & restaurants; Index

Editorial Reviews

Booknews
This volume explains how financial management relates to hospitality businesses and shows how to apply profit planning techniques to the areas of room, food, and beverage management. Harris (accounting, school of Hotel and Restaurant Management, Oxford Brooks U.) emphasizes the practical aspects of daily financial administration providing many examples of actual hospitality and tourism facilities. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Product Details

ISBN-13:
9781908999610
Publisher:
Goodfellow Pub Ltd
Publication date:
01/04/2013
Pages:
264

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