Hospitality Financial Leadership - Blog · 30 Jan
The Full Disclosure Principle Coming Soon - The Prosperous Hotelier Complimentary Discovery Call
The word “expenses” needs to be defined and refined for this article. Expense broadly refers to any cost a business has including payroll, goods and
They go by many names: owner’s commentary, monthly commentary, executive commentary and more. The names can be different but in essence, they are all
To get your non-financial managers to play ball with their numbers in your hotel you need a system that they can follow, a sort of roadmap they can u
With the rapid changes we have seen since 2020 in hospitality comes many additional challenges. It seems like everything is up for grabs these days.
Preparing a five-year financial plan for your hotel might sound daunting, but it is all in your head. Let’s lay it out. You are either dreaming about
Hospitality Financial Leadership - Blog · 17 Oct
Income Statement Fundamentals Coming Soon in 2022 - The Prosperous Hotelier Complimentary Discovery Call
If you do not have all three of these metrics on your radar screen at the same time, you are flying the profit picture in your food operation with at
David Lund · 7 Sep
A Different Way to Find the Talent Your Hotel Needs Today
Here’s the scenario. You have finally got a full-blown accounting policy manual in place. It has taken several months and a lot of work, but it’s don
What brands don’t know is, they can create great financial bench strength in their hotels and their owners will pay 100% of the cost. Brands also don
Having a financial system that produces regularly scheduled information about your hotel and the direction it is going is paramount to your survival.
Hospitality Financial Leadership - Blog · 7 Aug
Having a financial system that produces regularly scheduled information about your hotel and the direction it is going is paramount to your survival.
Hospitality Financial Leadership - Blog · 31 Jul
The Hotel Financial Coach Interviews The Godfather of Coaching In this 1 hour interview David interviews Steve and they explore some of Steve's best
I have recently read more than one article on breakeven analysis and they all miss the mark in my books because they focus on what occupancy is neede
Hospitality Financial Leadership - Blog · 4 Jul
Hospitality Financial Leadership - Understanding and Using Flow
I recently watched a documentary on fraud and why the auditors were unable to detect anything even when they were right on top of what was so obvious
Hospitality Financial Leadership - Blog · 26 Jun
I recently watched a documentary on fraud and why the auditors were unable to detect anything even when they were right on top of what was so obvious
Hospitality Financial Leadership - Blog · 6 Jun
Create Greater Influence and Increase Your Impact as a Financial Manager With Live Online Workshops. The online training is designed for upwardly mob
Hospitality Financial Leadership - Blog · 30 May
Coming Soon in 2022 - The Prosperous Hotelier Complimentary Discovery Call - https://calendly.com/hotelfinancialcoach/discovery Video Course Links: h
Hospitality Financial Leadership - Blog · 22 May
I am willing to bet that title got your attention, you're probably wondering what that is all about. Jetstream is a Canadian company that has develop
In our lives we are continuously evolving as people. When thought of most of the time, this evolution seems like a continuous stream of challenges to
Hospitality Financial Leadership - Blog · 9 May
At Hotel Financial Coach I help hotel leaders and teams with financial leadership coaching, webinars and workshops. Learning and applying the necessa
The budget is a BIG deal. Heck, it consumes so much time and energy in the hotel. Getting it right is a critical element to any branded, managed hote
You might be reading this and saying to yourself, “Well, for sure every hotel needs a daily pick-up report.” But I bet you would be surprised how man
Hospitality Financial Leadership - Blog · 11 Apr
Make 2022 The Year You Get Your Hotel Accounting Policy Manual Project Complete Policy Manual & Internal Controls The Golden Rule Internal Control Re
Having a monthly financial statement for your hotel is the key to creating an effective management process inside your business. But, like many thing