Cashflow Forecast – Hotel, Tourism & Leisure
Categories: Business Planning, Business Sustainability, Finance
Service available in: Auckland, Waikato, Taranaki, Wellington, Canterbury, Otago, Southland, Northland, West Coast, Bay of Plenty, East Coast, Hawke's Bay, Manawatu Wanganui, Marlborough Nelson Tasman
Description
We will work with owners and/or managers of hotels, motels, other accommodation providers, Type of Training: This is a one on one training Course Content: In this course, owners and/or managers of accommodation providers, tourism attractions and leisure businesses will learn to forecast future more
We will work with owners and/or managers of hotels, motels, other accommodation providers, Type of Training: This is a one on one training

Course Content:

In this course, owners and/or managers of accommodation providers, tourism attractions and leisure businesses will learn to forecast future demand, income, expenditure and cash flows, taking into account the changing competitive market in the current post-COVID environment.

With our specialist tourism and accommodation industry knowledge and experience we will provide the tools and techniques necessary to create defensible forecasts, supported with examples that can be tailored to your business.

Following this course, you will have the tools and knowledge to create and update forecasts for internal business planning, communication and reporting to business stakeholders.

Learning Outcomes
-Understand the value of forecasting in optimising business performance
-Identify the key drivers of demand, revenues and expenses to forecast future performance
-Learn how to build and manage better operational budgets and forecasts, including cash flow forecasts
-Learn how to use and tailor a purpose built demand and operational cashflow forecast model specific to your business

Time commitment for the business
2 x 4 hours continuous plus 8 hours intermitted

Cost of the service
$5,000 - $10,000 +GST, depending on the business variables less
Contact: Stephen Hamilton
Email: shamilton@horwathhtl.com
Phone: 093098898
Website: http://www.horwathhtl.co.nz
Managing your bank debt – Hotel, Tourism & Leisure
Categories: COVID-19 Support
Service available in: Auckland, Waikato, Taranaki, Wellington, Canterbury, Otago, Southland, Northland, West Coast, Bay of Plenty, East Coast, Hawke's Bay, Manawatu Wanganui, Marlborough Nelson Tasman
Description
We will work with owners and / or managers of hotels, motels, other accommodation providers, tourism attractions and activities and leisure industry businesses by providing experienced advice to help them manage any new or existing information needs and requirements of their bank or other debt funde more
We will work with owners and / or managers of hotels, motels, other accommodation providers, tourism attractions and activities and leisure industry businesses by providing experienced advice to help them manage any new or existing information needs and requirements of their bank or other debt funders.

We will take into account the changing competitive market environment in the current post-COVID environment, based on our specialist tourism and accommodation industry knowledge and experience.

The following services may be useful either for you or your bank:
• advising you and your accountant (if you wish) about providing an up-to-date and relevant business plan for discussion with your bank
• advising you on how to structure your business plan to meet your bank’s objectives and requirements
• undertaking an operating cost or operational efficiency review
• advising you re future demand, revenue and operating cost forecasting
• providing advice and assistance with transactions including merger and acquisition services
• providing advice and assistance with refinancing or renegotiating your debt.

Our team includes consultants with a wide range of skills as needed to understand, negotiate with and meet the requirements of debt funders.

We estimate our time requirement on an initial basis will be 25-40 hours, at an average charge out rate of $250 + GST. less
Contact: Stephen Hamilton
Email: shamilton@horwathhtl.com
Phone: 093098898
Website: http://www.horwathhtl.co.nz
Maximizing Hotel or Motel Performance
Categories: COVID-19 Support
Service available in: Auckland, Waikato, Taranaki, Wellington, Canterbury, Otago, Southland, Northland, West Coast, Bay of Plenty, East Coast, Hawke's Bay, Manawatu Wanganui, Marlborough Nelson Tasman
Description
Type of Service: This is a one on one service Description of Service An advisory service for accommodation providers This service offers a wide range of recommendations and practical tools for you to consider implementing, using a system of key metrics that drive the performance and valu more
Type of Service:
This is a one on one service

Description of Service
An advisory service for accommodation providers

This service offers a wide range of recommendations and practical tools for you to consider implementing, using a system of key metrics that drive the performance and value of your hotel.

During a period of 2.5 days, we will conduct a detailed business review and conduct workshops with you and your team to understand current business practices, challenges and find business improvement opportunities.

Our focus will include:
- the hotel’s competitive position in the market
- product and service quality
- managing guest satisfaction
- sales, marketing, and revenue management
- operational management
- strategy and business planning
- financial management.

Using our experience and insights in successful hotel operations, we will work with you to develop an improvement plan and provide you with practical tools to implement the plan.

Outcomes
- identify the key success factors that drive revenue, profit and value for your hotel
- learn how to measure and improve these factors
- discover how you can improve your competitive market position
- learn how to use industry best practice processes and tools to effectively manage costs, drive guest satisfaction, revenues and profits
- detailed recommendations on how to improve business performance and several tools to implement the plan

Time commitment for the business
10-20 hours over three days, intermittently

Cost of the service
$250 per hour plus travel, accommodation and meals if service is provided outside of Auckland. Estimated total cost for the business $5,000-$10,000 less
Contact: Stephen Hamilton
Email: shamilton@horwathhtl.com
Phone: 093098898
Website: http://www.horwathhtl.co.nz