Finance Learning for
The Restaurant & Hotel Industry
Which Hospitality Business Should I Buy?
Considering Cost Structure Before Investing In A Hospitality Business Have you ever thought of the importance of the cost structure before making an investment decision? Do you know how cost structure may affect profitability? Frequently, people may prefer to acquire an existing restaurant rather than starting one from scratch since it has an established clientele. However, before you make a decision to buy a restaurant, you need to consider several factors. One of them is the restaurant’s cost structure. What Is The Cost Structure? Cost structure ...February 1, 2016
Welcome to The Finance for Hospitality Blog
A learning ‘hub’ for hospitality finance This site aims at creating a hub for existing or potential hospitality owners, working professionals, people changing careers into the hospitality industry and of course, people or students who are interested in learning and keeping themselves up-to-date with finance. This site is a finance hub since it aims to include a variety of resources, such as blog articles, videos, working financial templates, online courses, personal tutorials, and consultation services and occasionally, webinars that relate, mainly, to small-and-medium-size but also to larger hospitality ...January 1, 2016
Cost of Goods Sold (COGS)
This video is about: what the cost of goods sold is and how it’s calculated. It highly relates to restaurants, Food and Beverage (F&B) operations within hotels, SPAs and other operations that sell goods. Sign up for the entire finance course at 50% off for only $10 ...February 23, 2016
Income Statement (P&L) Video Tutorial
This is a short video of my 3+hour online finance course posted on udemy.com. Sign up for the entire finance course at 50% off for only $10 ...February 23, 2016
Are Cash Outflows and Expenses the Same?
Introduction The purpose of this article is to shed light on the meaning of the terms: expense and cash outflow from an accounting perspective. More specifically, it discusses the similarities and differences of these terms within a business context. In addition, it uses examples in order to elaborate clearly this challenging issue for working professionals and students. Definitions Expense: The value of the inputs (e.g. food and beverages) that are being used for revenue-generating activities. Cash outflow: A cash payment a business makes to ...March 2, 2016