Cost and Profit Management in a Volatile Market
Hospitality Industry Accounting How to simplify accounting with a 28 days cycle. How to maintain and even approve accounting when underlying costs are unsteady, for example in the Hospitality Industry. The hospitality industry has bigger problems because the weekend is so important for restaurants. They may do little business on the weekends if they are […]
Bruce Lange on Crafting Retirement Portfolios and Managing Cash Reserves
Saving for Retirement with Bruce Lange I often get asked to provide investment advice because of my background. Many of our clients want guidance on investing their reserves or need help structuring their retirement portfolios. Although I no longer do this for a living, as an MBA in Finance from Berkeley, the long-time Treasurer of […]
Accountants Love Months: The Hospitality Industry Shouldn’t
The Gregorian calendar has been around since 1582. Even then, there was controversy. Some parts of the world waited four centuries to adopt the new calendar. To Fiscal or Not to Fiscal It now seems quite natural that we’d split our fiscal years into these same 12 months of the year. But this […]