Profit Planning

2nd Edition

Authors: Peter Harris
Paperback ISBN: 9780750645287
Imprint: Butterworth-Heinemann
Published Date: 24th September 1999
Page Count: 195

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Description

This new edition of Profit Planning is ideal for hotel, restaurant and licensed house managers as it focuses on profit planning, the major area of finance which the general manager needs to get to grips with.

The practical aspects of day-to-day profit planning are emphasized, which means that the reader can understand the approach with the minimum of theory and technical jargon. The examples and illustrations used can easily be translated into all aspects of the hospitality industry, so this book has a wide appeal.

Unit managers now have high levels of finance responsibility at an early stage in their career. This reflects the growth in strongly branded and market oriented chains of pubs and restaurants which need to achieve swift returns on their investments. The financial management skills expected of unit managers are therefore growing in sophistication and this new edition takes full account of this.

Key Features

Endorsed by Caterer and Hotelkeeper Covers practical aspects of day-to-day profit planning Extensive use of examples and illustrations

Readership

Students of hotel management; practitioners in the hotel and catering industry.

Table of Contents

Key features of hotel and catering operations; Review of hospitality financial statements; Understanding results; Monitoring progress; Planning for profit; Pricing hotel and restaurant services; Profit improvement; Budgets and forecasting; Budgets for planning and control; Using computer spreadsheets; Getting the information we need; Capital expenditure decisions; Present value table; Index.

Details

No. of pages:
195
Language:
English
Copyright:
© Butterworth-Heinemann 1999
Published:
Imprint:
Butterworth-Heinemann
Paperback ISBN:
9780750645287

About the Author

Peter Harris

Affiliations and Expertise

Professor of Accounting, School of Hotel and Restaurant Management, Oxford Brookes University, UK