How to Plan for Seasonal Cash Flow Fluctuations
1. Map Your Revenue Patterns Start by reviewing the past 2–3 years of monthly financials to identify consistent peaks and valleys. Are your summers strong
April 7, 2025
At Luxe Strategic Partners, we go beyond tax returns and bookkeeping. We provide industry-specific insights to help hotels, restaurants, and hospitality businesses thrive financially.
1. Map Your Revenue Patterns Start by reviewing the past 2–3 years of monthly financials to identify consistent peaks and valleys. Are your summers strong
1. Cost of Goods Sold (COGS) This includes all your ingredients and supplies used in food and drink preparation. Accurate inventory tracking is crucial to
1. Refine Pricing With a Dynamic Strategy Shift from static room rates to demand-based pricing. Consider events, local tourism calendars, competitor rates, and minimum stay
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