| Description |
1 online resource (xix, 285 pages) |
| Contents |
How to organize commercial activities into financial information -- Introduction: the role of accounting in a business -- Adjusting entries for missing information -- Analyzing business progress presented in the financial statements -- How to use financial information for forecasting and planning -- Ratio analysis : advanced tools to analyze business performance -- Cost analysis and control -- Forecasting and planning -- Cash flows, projection, and valuation -- The concept of cash and the cash flows statement -- Long-term projection of a business -- Risk, return, and the time value of money (TVM) -- Valuation of R&B grill -- Valuation of R&B grill -- Appendix -- Index |
| Summary |
This new book, Restaurant Financial Management: A Practical Approach, provides valuable guidance on how to apply the concepts of accounting and finance to real-life restaurant business activities. This book is unique because it provides an understandable framework that breaks it down into three clear steps of applying techniques of accounting and finance to evaluate a restaurant business: It introduces how to consolidate major activities of a restaurant business into useful accounting information. It explains how accounting information is analyzed and then used to forecast the future. And it introduces the methods of projecting the future and determining the current value of a restaurant business. Using this approach, readers can develop useful knowledge on how to relate accounting and finance to a real-life restaurant business.Using an imaginary restaurant business (based on a real restaurant) as an example to demonstrate a series of relevant business activities, the book walks the reader through provides the restaurant accounting activities and shows how they provide meaningful information, giving the reader a bird's eye view |
| Notes |
Includes index |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Description based on online resource; title from digital title page (viewed on September 25, 2018) |
| Subject |
Hospitality industry -- Finance
|
|
Restaurant management.
|
|
BUSINESS & ECONOMICS / Small Business.
|
|
Hospitality industry -- Finance
|
|
Restaurant management
|
| Form |
Electronic book
|
| LC no. |
2018033580 |
| ISBN |
9781351376686 |
|
1351376683 |
|
9781315147390 |
|
1315147394 |
|
