Restaurant Financial Management
This course will present the ways of financing a restaurant operation using multiple funding vehicles and methods. Learn how to allocate development and construction funds, set up an opening capital and operating financial plan, and use industry benchmarks to evaluate success. Course topics also will include revenue management; cost controls; and relevant industry KPIs, such as revenue per seat, and revenue per square foot.
You'll Walk Away with
- Methods for raising capital for a new restaurant
- The ability to create opening capital and operating budgets
- An understanding of how to evaluate a restaurant profit and loss statement
- Skills to adjust restaurant operating budgets based upon performance and available cash flow