Register on the Cash Management & Cost Control today and build the experience, skills and knowledge you need to enhance your professional development and work towards your dream job. Study this course through online learning and take the first steps towards a long-term career.
The course consists of a number of easy to digest, in-depth modules, designed to provide you with a detailed, expert level of knowledge. Learn through a mixture of instructional video lessons and online study materials.
Receive online tutor support as you study the course, to ensure you are supported every step of the way. Get an e-certificate as proof of your course completion.
The Cash Management & Cost Control is incredibly great value and allows you to study at your own pace. Access the course modules from any internet-enabled device, including computers, tablet, and smartphones.
The course is designed to increase your employability and equip you with everything you need to be a success. Enrol on the now and start learning instantly!
What You Get With The Cash Management & Cost Control
Receive a e-certificate upon successful completion of the course
Get taught by experienced, professional instructors
Study at a time and pace that suits your learning style
Get instant feedback on assessments
24/7 help and advice via email or live chat
Get full tutor support on weekdays (Monday to Friday)
Course Design
The course is delivered through our online learning platform, accessible through any internet-connected device. There are no formal deadlines or teaching schedules, meaning you are free to study the course at your own pace.
You are taught through a combination of
Video lessons
Online study materials
Certification
Upon successful completion of the course, you will be able to obtain your course completion e-certificate free of cost. Print copy by post is also available at an additional cost of £9.99 and PDF Certificate at £4.99.
Who Is This Course For:
The course is ideal for those who already work in this sector or are an aspiring professional. This course is designed to enhance your expertise and boost your CV. Learn key skills and gain a professional qualification to prove your newly-acquired knowledge.
Requirements:
The online training is open to all students and has no formal entry requirements. To study the Cash Management & Cost Control, all your need is a passion for learning, a good understanding of English, numeracy, and IT skills. You must also be over the age of 16.
Course Content
Finance and Cash management for Hospitality
Section 01: Fundamental and understanding concepts
Introduction and Basis of Projections 00:05:00
Making future plans and potential revenue generating activities 00:06:00
Operational Plans that need to be looked at 00:06:00
Cost management Practices at hotel and ABC system 00:08:00
Other Matters before practical excercise 00:05:00
Section 02: Financial Model and Working on Fianacial model
Room Revenue Budget Template 00:05:00
F&B Revenue Budgeting Template 00:10:00
banquet and Other operating Depts 00:10:00
Headcount Budget 00:11:00
Payrol and Other Cost Budgeting 00:12:00
Other hotel operational Expenses 00:10:00
Cash Budgeting Excercise 00:11:00
Cost Control Process and Management
Section 01: Introduction & Fundamentals
Introduction and Fundamental Terms 00:09:00
Fundamental terms - Perishable / Non Perishable cost, Inventory Terms 00:05:00
Qualities of Good Cost Controller 00:07:00
Section 02: Cost Control process
Cost Control Process and Controls related to Purchasing 00:10:00
How to estimate Kitchen food Order Process Simplified 00:06:00
How to Setup Store PAR for to identify re-order levels 00:06:00
Basic Receiving Process Controls 00:07:00
Basic Store Process controls 00:08:00
Section 03: Production Control and Tests
Production Controls 00:05:00
Recipe Card & Controls 00:08:00
Buffet Costing and Menu Pricing 00:08:00
Section 04: Test and Checks in Cost Control
Butcher test 00:09:00
Bar Spot Checks and Recipe Testing 00:06:00
Production Control Via Menu Engineering 00:08:00
Slow and Non Moving Inventory 00:03:00
Section 05: Monitoring via reports and Checklist
Daily & Monthly Food Cost Reports 00:11:00
Menu Engineering Reports 00:09:00
Cost Control Checklist 00:03:00
How to Analyse & Maximize Restaurant Profits
Section 01: Introduction
Introduction 00:01:00
Introduction to F&B Operations 00:14:00
Restaurant Positioning & Designing Concepts 00:19:00
Menu Engineering Concepts Explained 00:11:00
Section 02: Restaurant revenue Analysis
Cover & Revenue Analysis 00:19:00
Section 03: Menu Engineering Report
Menu Engineering Report 00:12:00
Menu Engineering Example 00:08:00
Strategic Actions based on menu engineering report 00:13:00
Section 04: Cost Analysis & Management
Understanding and Analysing F&B Cost 00:13:00
Cost Analysis and Management (Video from our Live Workshop) 00:16:00
Frequently Asked Questions
Are there any prerequisites for taking the course?
There are no specific prerequisites for this course, nor are there any formal entry requirements. All you need is an internet connection, a good understanding of English and a passion for learning for this course.
Can I access the course at any time, or is there a set schedule?
You have the flexibility to access the course at any time that suits your schedule. Our courses are self-paced, allowing you to study at your own pace and convenience.
How long will I have access to the course?
For this course, you will have access to the course materials for 1 year only. This means you can review the content as often as you like within the year, even after you've completed the course. However, if you buy Lifetime Access for the course, you will be able to access the course for a lifetime.
Is there a certificate of completion provided after completing the course?
Yes, upon successfully completing the course, you will receive a certificate of completion. This certificate can be a valuable addition to your professional portfolio and can be shared on your various social networks.
Can I switch courses or get a refund if I'm not satisfied with the course?
We want you to have a positive learning experience. If you're not satisfied with the course, you can request a course transfer or refund within 14 days of the initial purchase.
How do I track my progress in the course?
Our platform provides tracking tools and progress indicators for each course. You can monitor your progress, completed lessons, and assessments through your learner dashboard for the course.
What if I have technical issues or difficulties with the course?
If you encounter technical issues or content-related difficulties with the course, our support team is available to assist you. You can reach out to them for prompt resolution.