article thumbnail

How to Strategically Plan Your Restaurant Renovation

Modern Restaurant Management

Look at what big local events are coming down the pipeline. Work with your contractors to create a timetable taking these elements into account. They will have some similar skills to your accountant. But a financial manager’s role is more directed toward using the accounts data to influence the direction of a business.

article thumbnail

Uncover The Top Required Skills for Successful Event Management

Les Roches

The events industry is expanding rapidly, which means lots of opportunities for those with dedication and enthusiasm. Entering the­ field of event manage­ment may seem initially daunting. In re­ality, becoming an event manager requires more than just an appre­ciation for special occasions; it demands a diverse­ set of capabilities.

Events 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Demand Forecasting Is Crucial for a QSR Food Supply Chain 

Modern Restaurant Management

QSRs operate in a competitive and highly complex business space, so one of the highest priorities for these organizations is creating strategic plans that will reduce food waste to avoid lost revenue and wastage disposal fees. According to Rethink Food Waste Through Economics and Date , the U.S. restaurant sector generates 11.4

Events 197
article thumbnail

10 Strategies to Skyrocket Profitability in City Hotels

Revenue Hub

Subscribe to our weekly newsletter and stay up to date Leverage Dynamic Pricing Strategies Dynamic pricing involves adjusting room rates in real time based on factors such as demand, competition, local events, and historical data. Partner with Local Businesses Develop symbiotic relationships with local businesses.

Pricing 92
article thumbnail

High-paying business degree jobs: kickstart your career

Les Roches

Accountant Accountants handle precise bookkeeping, a key role within any organization and mandatory for sound financial decision-making processes. Account manager Being an account manager means playing a critical role in sustaining client relationships and driving organizational growth.

article thumbnail

The Modern Revenue Manager: 7 Keys to Success

Revenue Hub

To meet business objectives and drive higher revenue and profitability, there are new considerations that today’s revenue managers must account for in their strategic planning. A Revenue manager must constantly adjust pricing strategies based on demand, customer, competitor, and market data to respond to changes in real-time.

Pricing 89
article thumbnail

Study to get ahead: how to get a business degree

Les Roches

Thorough research, strategic planning and meticulous preparation are essential to ensure a competitive application and gain admission to your desired program. Researching and shortlisting potential schools A crucial first step in the application process is to fully research the schools you are considering.