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Accounting & Finance Strategies for Challenging Times
By the end of this class, participants will understand new business models in the restaurant industry, assess their financial health and learn strategies for dynamic financial planning and goal setting. Session topics include:
How fixed, variable and semi-variable costs look different during business interruptions
The importance of margins during periods of uncertainty
How to identify an acceptable cost range and address overruns, calculate a new breakeven point and how to increase sales and decrease cost