Profit Planning

Intended for hotel, restaurant and licensed house managers, this title focuses on profit planning, the major area of finance which the general manager needs to master. The book looks specifically at the practical aspects of finance as it relates to the hospitality business, emphasizing the how rather than the why and it contains a minimum of technical language. The book is designed to encourage confidence in the use of profit planning techniques, since some managers avoid using accounting information for fear of misinterpreting figures. Computer applications are included wherever necessary to speed up the process with particular reference to spreadsheets.