| This level would provide students with a more in-depth understanding of the different aspects of budgeting and financial planning that can be used in restaurants, such as the restaurant budgeting process, restaurant financial planning, restaurant capital budgeting, restaurant cash flow forecasting, and restaurant financial ratios. Students would learn how to develop and implement budgets and financial plans that will help their restaurants achieve their goals. |
-
Module 1: Restaurant Budgeting Process
- Understand the importance of budgeting in restaurants.
- Learn how to develop and implement budgets.
- Develop skills in using budgets to track financial performance and make informed decisions.
- Module 2: Restaurant Financial Planning
- Understand the importance of financial planning in restaurants.
- Learn how to develop and implement financial plans.
- Develop skills in using financial plans to achieve business goals.
- Module 3: Restaurant Capital Budgeting
- Understand the importance of capital budgeting in restaurants.
- Learn how to evaluate capital investment projects.
- Develop skills in making informed decisions about capital investments.
- Module 4: Restaurant Cash Flow Forecasting
- Understand the importance of cash flow forecasting in restaurants.
- Learn how to forecast cash flow.
- Develop skills in using cash flow forecasts to manage cash flow and avoid financial problems.
- Module 5: Restaurant Financial Ratios
- Understand the importance of financial ratios in restaurants.
- Learn how to calculate and interpret financial ratios.
- Develop skills in using financial ratios to identify areas where improvements can be made.
- High school or equivalent
- Strong communication and interpersonal skills
- Interest in the course topic
- Good level of English
| 75 GLH |