ProfitableHospitality
About this original series
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# Episodes
3 episodes -
Rating
TV-UN
Episodes of ProfitableHospitality
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Discount Effect Calculator
How much extra volume must you sell if you discount food and beverage products by 10%, 20%, 25% or 50%? Two-for-one deals are also popular - how do they work?If you're a large business or a franchise group, there may be benefit in some discounts for cross-promotion, but in most cases it's questionable. This video shows you why...Download this as a spreadsheet from the Download Center at http://www.profitablehospitality.com
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Release date
Mar 7, 2008
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Runtime
03:00
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3-Step Sales Improvement
What can happen when you increase the size of your customer base, the frequency they visit and the amount they spend. Combined, the profit improvement can be significant.This spreadsheet is available from the Download Center at http://profitablehospitality.com/
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Release date
Mar 7, 2008
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Runtime
04:18
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Return on Investment Calculation
How do accountants work out the payback time and ROI for equipment and service investments? This video shows you how - compare the return to current bank interest. Understanding the principal of ROI is very useful for justifying capital expenditure.Examples shown for purchasing a commercial espresso machine, a POS system and investing in a new Website.
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Release date
Mar 7, 2008
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Runtime
03:32
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