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.

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Implement Budgeting
Best Practices

The forecasting and budgeting boost provides guidance on how to implement successful strategies and techniques to help tourism businesses achieve their financial goals.
The advisory sessions cover:
  • 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.

Performance
Reporting

Efficiency
Controls

Forecasting &
Budgeting Formulation

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.

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Designed to
Deliver Results

Introductory Meeting

Join us for an introductory meeting. We’ll map your challenges to better understand your business needs and goals.

Proposal Draft

We’ll draft a tailored proposal to meet your specific objectives, focused on delivering maximum results.

Actionable Solution

Once you are satisfied and the agreement is signed, work will begin towards achieving the agreed objectives.

Discovery Process

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.

Present recommendations

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.

Hear From
Our Clients

See Full Testimonials
We have found it a pleasure to work with Eoin Loftus on developing improved operational practices at Rawnsley Park. Eoin’s extensive experience in managing accommodation and hospitality businesses provides the basis for a knowledge-based assessment of our business. Eoin was able to clearly identify opportunities for financial improvement and quantify the likely benefit to our bottom line.
Anthony SmithDirector, Rawnsley Park Station
Anthony Smith
This process has been so valuable to us and our business... There is no question that Eoin is an absolute expert in his field, and we would recommend his services to any business looking to implement cost controls and strategies to boost their business profit.
Belinda StantonOwner New England Motor Lodge, Glen Innes NSW
Belinda Stanton
CABN engaged Loftus Business Advisory to review its operations across a number of specific areas. Eoin drew on his extensive experience, industry knowledge and understanding of current operating conditions to provide valuable advice and recommendations that made a material difference.
Michael LamprellFounder, CABN
Michael Lamprell
Eoin's experience in the tourism industry is second to none. With his guidance and strategies, our newly refurbished motel is moving in the right direction and performing better than before. We are forever grateful for having him through this delicate stage and looking forward to working with him on future exciting projects on the horizon.
Yen Aun LeowOwner, Kangaroo Island Seaview Motel
Yen Aun Leow
Eoin's wealth of knowledge and experience helped us evaluate our business, identify opportunities for growth and plan for the future. His professional approach and genuine desire to assist our business made it a pleasure to work with him. We would definitely recommend Loftus Business Advisory to any business looking to plan for the future, optimise operations and increase profitability.
Anna & NathanMidlander Motor Inn, Emerald Queensland
Anna & Nathan
Your (Eoin’s) industry experience will greatly assist your clients. I can say this with 100% confidence as the Tourism Industry Council of South Australia has been the beneficiary of your skills and service to the broader industry for over seven years.
Shaun de BruynCEO
Shaun de Bruyn
This is a great opportunity for other organisations to get their leadership skills… in how to build successful businesses and organisational cultures.
Paul PreissCEO Institute
Paul Preiss
Eoin Loftus is an impressive human being who has spent his career committed to both his own personal development as a leader and the acquisition and implementation of those skills for the benefit of the organisations he works with. If you are wanting to come out of the pandemic stronger and more successful he is worth having a conversation with.
Simone DouglasDigital Specialist
Simone Douglas
Eoin’s extensive experience in running accommodation businesses across multiple sites give him a unique insight in to benchmarks that our business should have been hitting. He was able to review our business from the top down and identify where we could make savings and enhance our revenues.
Stephen EdwardsChief Executive Officer
Stephen Edwards
If you are in the tourism industry and looking for a secret weapon, then this could be it!
Dan KussBusiness Coach
Dan Kuss
See Full Testimonials

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.

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