This is a valuable resource if you seek better operational performance with higher profits alongside a better-managed business. The Expense Loss methodology trains in foresight, therefore conditioning your decisions to achieve their desired results. To fully understand the process the material is broken into three parts. Chapter one through thirteen outlines the Expense Loss method with examples throughout the reading. Chapter fourteen is the review method outlined with many analysis headings offering questions and observations to consider in reviewing a business. Chapter fifteen is an actual review I conducted at a country club in the United States, providing insight into the results that can be achieved through the process.
What is in the material?
1) How to formulate your decisions to impact future results.
2) A cost reduction method without having to reduce service or quality.
3) How obstacles in the business decrease employee performance.
4) How spending convenience impacts profits. What "is" spending convenience?
5) Why your spending behavior is killing profits. The "Cost Side" and "Lost Side" of spending behaviors.
6) A bit about Inventory Management.
7) Eighteen pages of how to evaluate your business with actual questions and observations laid out to help you.
8) And much more.
During the read, the consideration of Expense Loss is connected to the reader's mind with often encountered examples of using the process, like in story linking.
This is not only a profit savings book, but also a guide in using foresight with every decision you make.
Managing a business often exposes concerns about the direction in which operational decisions may take the company. There is the certainty that each decision you make, process you put into place or purchase you decide upon, has an immediate and direct effect on profits. Consequently, the results of, each decision can be positive or negative against profits, and understanding this should be part of the consideration to improve operational results. In other words, you must know where your decisions are taking you.
This is not a fill-in-the-blank process you must figure out! Readers are provided with the concept alongside questions and observations to construct actual scenarios occurring in their business, review them, and establish the pros and cons of what is working and what needs to be addressed. This book is a fast read for professionals who want to produce high-performance results with added ongoing profits in a short period. If you want to improve your team's performance or have been looking for a formula that provides added results, here it is.
Jim Lopolito is a long-term professional in the hospitality industry with experience since 1973 in private clubs, restaurants, catering, hotels, and theater and stage management. With leadership positions as a general manager, facility operations manager, and chef, Lopolito is an operations and logistical architect. He recognizes and locates what others miss to uncover burdening aspects of a business, and he readily develops solutions that progress a business. Lopolito reports on-site and quickly begins ascertaining a direction of improvement. If you want to learn and understand more about your company and locate hidden profits, Lopolito will show you the way. Jim has held numerous leadership positions in guiding operations, accounting procedures, property management, and achieved his Certified Club Manager "CCM" (CMAA) and Certified Executive Chef "CEC" (ACF) credentials during his tenure. Jim's experience also includes 10 years of Stage and Concert Production Management working with some of the top-name talents in the industry including Paul Simon, Katy Perry, Bob Dillan, and many others. Jim founded Lopolito Hospitality Consultants, Corp. in 2014 and is an avid writer on hospitality interests.
