Restaurant Financial Basics

Raymond S. Schmidgall, David K. Hayes, Jack D. Ninemeier

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English

John Wiley & Sons Inc
18 September 2002

Finance & accounting; Hotel & catering trades

One of the keys to a successful restaurant business is strong financial management. This volume in the Wiley Restaurant Basics Series provides restaurateurs with the tools necessary to manage their food-based operation by explaining basic accounting principles such as pricing, budgeting, cost control, payroll, and cash flow.

By: Raymond S. Schmidgall, David K. Hayes, Jack D. Ninemeier
Imprint: John Wiley & Sons Inc
Country of Publication: United States
Dimensions: Height: 234mm, Width: 155mm, Spine: 20mm
Weight: 567g
ISBN: 9780471213796
ISBN 10: 0471213799
Pages: 352
Publication Date: 18 September 2002
Audience: Professional and scholarly , General/trade , General , Undergraduate
Format: Paperback
Publisher's Status: Active

Preface. 1. Introduction to Financial Management. 2. Debits and Credits-The Mechanics of Accounting. 3. The Balance Sheet. 4. The Income Statement. 5. Analysis and Interpretation of Financial Statements. 6. Cash Flow. 7. Understanding Cost Concepts and Break-even. 8. Pricing for Profits. 9. Operating Budgets. 10. Accounting Aspects of Food and Beverage Control. 11. Payroll Accounting. 12. Accounting for Fixed and Other Assets. 13. Cash and Revenue Control. Recommended Reading. Index.

RAYMOND S. SCHMIDGALL, PhD, CPA, is the Hilton Hotels Professor of Hospitality Financial Management at Michigan State University. DAVID K. HAYES is the managing owner of the Clarion Hotel and Conference Center in Lansing, Michigan. He is the coauthor of Restaurant Law Basics and Food and Beverage Cost Control, Second Edition, both published by Wiley. JACK D. NINEMEIER, PhD, is a professor at Michigan State University.

Reviews for Restaurant Financial Basics

A smartly written 1995 debut collection of eight stories, by the French author of the novel Sans Moi (2001). Desplechin's characters are women involved, or seeking relationships, with the men who usually thwart, disappoint, or perplex them. What gives the collection its freshness is their bluff resilience. The bedraggled single mother who cocks a skeptical eye at her blase lover (in An Important Question ); the woman (in Something's Wrong ) who gets along quite well, thank you, without her uncommunicative boyfriend; and the title story's chastened Benedicte, whose dying grandmother teaches her that we can persevere, and manage happiness: they're all feisty, likable survivors, and Desplechin's economical portrayals of their failures and successes are consistently winning. (Kirkus Reviews)