Forecasting and Budgeting Boost
Maximise Your Hotel’s Financial Performance
What gets measured, gets managed. Many tourism businesses don’t have a detailed monthly income and expense forecast or budget. Our forecasting and budgeting boost is an innovative program designed to help tourism businesses maximise their financial performance. It focuses on developing strategies and techniques that can be used to improve forecasting and budgeting operations, including developing more accurate forecasting models and implementing budgeting best practices.
- A review of existing financial controls.
- A review of all income and expense lines for the past 12 months in the profit and loss statement.
- Development of three financial forecast scenarios: worst case, likely case, and best case.
- Identify critical financial control areas to prioritise and focus on.
- Development of detailed full profit & loss budget, broken down monthly.
What Gets Measured Gets Done
Don’t leave the success of your tourism business to chance. Our quarterly performance reviews help drive greater accountability towards achievement of best ever commercial results.
Designed to Deliver Results
Join us for an introductory meeting. We’ll map your challenges to better understand your business needs and goals.
We’ll draft a tailored proposal to meet your specific objectives, focused on delivering maximum results.
Once you are satisfied and the agreement is signed, work will begin towards achieving the agreed objectives.
Uncover opportunities for improvement and discuss how our services can help reshape the future of your business.
Deep Dive Analysis
Dive deep into your business’s data to uncover hidden opportunities and challenges.
Recommendations presented, ready for implementation. Offer of further assistance provided and so to ongoing support.
Personalised Support From ONE OF the Best in the Business
Eoin Loftus has been a leader in the tourism accommodation industry for over three decades. During this time, he has honed his commercial skills and expertise to help optimise businesses for maximum performance and profitability.
Transform Your Business with Hospitality Consulting That Dares to Care
Loftus Business Advisory brings the expertise, exposure, and knowledge you need to regain control of your hospitality business. Don’t struggle alone. Contact us today and find out how we can help you succeed.