Call Us
01202 849691

Date
6 December 2021
Location
Online

Free webinar: Using Flow Through to monitor GOP

6 Dec 2021

This session is part of our series of free webinars aimed at all those seeking to learn more about hospitality finance to build blocks of profitable revenue on the journey back to profitability. Each session commences at 2.00pm and last for 60 minutes which includes time for questions and a quick quiz to complete the session.

Photo courtesy of Scott Graham, Unsplash

The Gross Operating Profit (GOP) is an all important figure in the monthly reports, calculated from Departmental Revenues less the Departmental Costs and Undistributed Operating Expenses. Converting revenues to a target level of GOP is essential for ensuring that we create the bottom line income required to sustain our business for the future. But different types of revenue create different levels of GOP - how do we monitor that we are creating the expected level of GOP? Join us for this webinar to find out more.

Book Event

More Information

Back to events

Key Dates

6th December 2021 14.00 - 15.00

Entry Requirements

This session is ideal for all those seeking to learn more about how to monitor and manage gross operating profit for their hospitality business. Operational maangers, Revenue managers, general managers and asset managers will all benefit from this event.

Organisations Involved

The webinar will be hosted by Debra Adams, owner at arena4finance.

Debra Adams is the founder of the business, a leading practitioner in developing courses for improving financial know how and commercial acumen in the service sectors. She is the author of the highly acclaimed textbook 'Strategic Management Accounting for the Hospitality, Tourism and Leisure Industries' now available here in 2nd edition.

What our clients say:

Debra Adams is simply amazing at helping non-financial managers to not only understand, but actively engage with, the commercial and financial aspects of their operation. She has a wealth of in-depth knowledge of both operational and strategic finance, specifically in the hospitality industry where margins are tight and cash flow imperative. Knowing the content is one thing, but knowing how to teach others is what Debra excels at, with her years of experiences as a professional lecturer, trainer, coach and teacher.

For over 10 years, she has been my go-to person for training any group of managers at all levels to explore and understand the financial story of their business. She is an invaluable member of our delivery team for the Award-winning Master Innholders Aspiring Leaders Diploma and the MIDAS series.

Dr Hilary Cooke, Founder at Merlin Business Consultancy Ltd

Session Details

In this 60 minute webinar delegates will learn more about:

Using the Flow Through approach to manage GOP

Analysing different types of revenue and the associated marginal costs to forecast the expected GOP.

Event Booking

We will never share or sell your personal data and we promise to keep your details safe and secure.