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    14 Finance and Accounting Tips to Improve Your Operations
    14 Finance and Accounting Tips to Improve Your Operations
    14 Finance and Accounting Tips to Improve Your Operations
    Ebook21 pages13 minutes

    14 Finance and Accounting Tips to Improve Your Operations

    By Ed Rehkopf

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    About this ebook

    Fourteen key best practice tips to bring your club to a high state of performance
    LanguageEnglish
    PublisherLulu.com
    Release dateDec 20, 2019
    ISBN9781794820555
    14 Finance and Accounting Tips to Improve Your Operations
    Author

    Ed Rehkopf

    Ed Rehkopf is a retired hospitality veteran. During his long and varied career, he has managed two historic university-owned hotels, managed at a four-star desert resort, directed operations for a regional hotel chain, opened two golf and country clubs, worked in golf course development, and launched an operations resource website for the hospitality industry.

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      Book preview

      14 Finance and Accounting Tips to Improve Your Operations - Ed Rehkopf

      14 Finance and Accounting Tips to Improve Your Operations

      14 Finance and Accounting Tips to Improve Your Operations

      By: Ed Rehkopf

      Copyright@2019 Ed Rehkopf

      All rights reserved. This book or any portion thereof may not be reproduced or used in any manner whatsoever without the express written permission of the publisher except for the use of brief quotations in a book review or scholarly journal.

      ISBN: 978-1-79482-055-5

      Private Club Performance Management

      1870 Centenary Church Road

      Mount Ulla, North Carolina, 28125

      www.privateclubspm.com

      Tip #1 – Monthly Review of Operating Results

      General managers should always conduct monthly reviews of operating statements with department heads.

      In order to ensure that the club meets the financial objectives of its annual operating budget, it is imperative that all department heads monitor their monthly performance closely and be prepared to answer questions about their department’s performance and give reasons for any significant variance from budgeted amounts.

      On a monthly basis after the final statement is prepared and distributed, the controller

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