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 |  Restaurant Training Video: Restaurant Economics - Understanding the Business of Restaurants
Learn the basic fundamentals of restaurant economics and how to make your restaurant more successful with this DVD by the Culinary Institute of America and Gregory X. Norkus, Senior Lecturer at Cornell University's School of Hotel Administration. Focus on the interplay among the three key activities of a restaurant: marketing, operations and finance, the people who support them and management, guests, & owners.
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DVD 2+ hours Culinary Institute of America
Overview
Gregory X. Norkus, Senior Lecturer at Cornell University 's School of Hotel Administration, in conjunction with the CIA presents Restaurant Economics - Understanding "The Business of Restaurants".
Focusing on the interplay among the three key activities of a restaurant - marketing, operations and finance, the people who support them, management, guests, & owners - you'll learn how to better understand the business of a restaurant to help make your organization more successful.
- Examine the basic fundamentals of restaurant economics.
- Learn how to read and interpret financial statements - the balance sheet, statement of income (P&L), and statement of cash flow.
- Review financial measures and prepare corresponding statements.
- Discover how to communicate the financial condition of a restaurant.
- Learn how to drive a well-executed business plan.
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