Managing Restaurant Service

Running Head: Managing Restaurant Service
Managing Restaurant Service
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Managing Restaurant Service 1
Contents
Introduction......................................................................................................................................1
Strategies to Overcome Budgeted Deficit.......................................................................................1
Leadership Approaches...................................................................................................................2
Recommendations............................................................................................................................3
Conclusion.......................................................................................................................................4
References........................................................................................................................................5

Managing Restaurant Service 2
Introduction
The purpose of this paper is to analyse the budget of William Blue Dinning. There is a difference
between the actual and the budgeted amount that has created difficulty in the future objectives of
the company. The organization aims to purchase a $2000 wine refrigerator but due to difference
in the budget, William Blue Dinning failed to attain this objective. Looking at the actual and
budgeted performance of the company, it can be evaluated that the company expected to attain
revenue of $ 225, 000 but due to change in the expenses of the company, the revenue of the
organization decreased. There are some expenses that reduced while some increased than the
expected budget like, the cost of equipments was expected to be $6000 but the company
expended $4600 in this field. The cost of rest expenses increased that resulted as changes in the
budget. In the current situation, it can be said that the company needs to analyses their expenses
and cut the irrational one because it is subsequently reducing the profit margin of the company
(Klarner, Phillips & Muckler, 2012). Resulting in which management is facing difficulty in
completing the defined objective. So, it can be said that the current situation of the company is
not according to the expectations.
Strategies to Overcome Budgeted Deficit
 Determination of spending choices: The company should determine their spending
choices in the environment so that they can effectively monitor the areas where the
company is spending excessively. It is important to determine the areas of excessive
expense so that the company can control them and grow. Further, if the company will
effectively monitor their choices then they will effectively save money for future
expenditure that will result in the growth of the company. The strategy of determination
of spending choices will make the organization spend on the places where they have to
and not on the activities that provide unproductive results to the company (Cogan,
Taylor, Wieland & Wolters, 2013).
 Development of accurate plan: There might be a possibility that the company had not
created an accurate plan due to which at the end there was a difference in the expected
and the actual budget. So, the restaurant should strategies their activities in such a way