Remove Accounting Remove Budgeting Remove Customer Service Remove Strategic Planning
article thumbnail

Fast Food Restaurant Management – Diving deeper

Lithos POS

Like all the business the business model also needs strategic planning to succeed. He acts as an accountant, overseeing invoices, payroll, profit and loss statements, and tax records. In the front-of-house, he is responsible for customer service, reservations, and the overall dining experience.

article thumbnail

How do you become a Director of Business Operations?

Les Roches

Creating company budgets and monitoring finances to ensure financial targets are met across departments. Technical expertise depending on the industry you’re working in, for example in accounting, as a revenue manager , or a marketing specialist can be advantageous to help you fully understand and support businesses’ growth.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is Hotel Management?

Xotels

Trends in our Industry We see 3 most important trends in the coming years to stay on top of: Need for Higher Level Customer Service Consumer Trends New Concept Trends Curious to hear our in-depth thoughts about these trends? Main responsibilities: Help plan travel itineraries, process payments, and address any booking issues.

article thumbnail

What is Hotel Management?

Xotels

Trends in our Industry We see 3 most important trends in the coming years to stay on top of: Need for Higher Level Customer Service Consumer Trends New Concept Trends Curious to hear our in-depth thoughts about these trends? Main responsibilities: Help plan travel itineraries, process payments, and address any booking issues.

article thumbnail

Harness the power of data analytics in hospitality

Les Roches

Insights gathered from indirect competition such as vacation rental homes can also offer understanding in other areas to inform strategic planning. Peripheral services Apart from their core operations, hotels now offer peripheral services such as spa treatments or conference venue hire.

article thumbnail

Definition of revenue growth strategies

Les Roches

The focus is on ide­ntifying and capitalizing on new growth opportunities within the curre­nt customer base as well as attracting ne­w customers. Key areas of improve­ment include sales, marke­ting, customer service and product offe­rings, with the ultimate goal of maximizing revenues in all possible areas.

article thumbnail

Restaurant Analytics: The Metrics You Should Know and Care About

Synergy Suite

This specialization takes into account the nuances of restaurant operations, such as menu item performance, table turnover rates, and peak dining times. Analytics contribute significantly to budgeting, forecasting, and profitability analysis.