Finance in hospitality industry 2017 Contents 1.1) Review sources of funding available to business and services industries

This study material covers sources of funding, income generation, cost analysis, budgetary control, and variances in the hospitality industry. It includes methods of generating income, controlling costs, and analyzing variances in the hospitality industry. The content covers topics such as financial specialists, held profit, advances, diversifying, contract buy, sponsorship, obligation factoring, elements of cost, gross profit percentages, selling prices, controlling stock and cash, trial balance, business accounts, adjustments, notes, budgetary control, and variances.