Be Our Guest

In relation to hospitality and catering, the non-commercial or “public” sector exists in the form of hospitals and institutes of education. Organisations in the commercial sector are privately owned and exist solely to find a niche to exploit to make money. While money-making is still a factor in the private sector, it is not the main goal. With the primary goal, demographic and expectations of the target audience, along with location and budget, all taken into account, different areas of the hospitality and catering industry begin to differ widely.

Be Our Guest Inc., a Boston based company, is a rapidly growing equipment rental company with substantial seasonality in its revenues and profits. In the spring of 1998, the senior management team is reviewing its financial plans in preparation for a meeting with the company's bank. The case provides an opportunity to forecast financial needs and consider the appropriate structure and amount of bank borrowing. � For years the company has been renting party supplies and furniture to caterers, event planners and hotels, it has also managed to grow gradually in a very volatile and seasonal business. The founder, Stephen Lizio and co-owners Al Lovata and Simone Williamson found it difficult to fund daily operations

Be Our Guest’s balance sheet shows good signs of liquidity. Current Ratios for the past four years have remained above 1 proving that the company can handle its current liabilities. The current ratios are not extremely high (19941.27, 1995- 2.17, 1996- 1.15 and 1997- 1.16), but they can cover the current liabilities. It is important to note that the company is operating on a thin line because the current assets are barely covering the current liabilities. This is particularly unpleasant because we are dealing with a company operating in a seasonal business. It is a concern that the current ratio slightly eroded after 1995, and this is primarily due to Be Our Guest converting the bank line into long term debt in

The main subject of this hospitality research project is entrepreneurship. This subject was chosen for several reasons: both the authors would like to set up a business in future, they have the ambition to have a company of their own, they like to manage, and use creativity to come up with an original concept. To narrow the subject down one specific subject is chosen. Moreover, the concept of starting a mini golf* company in Elim, Drenthe was selected. The reason for choosing this specific subject is that one of the authors lives with her parents in a big farm which has a lot of land. However, this space is not used to the optimal capacity nor effectively. Consequently the authors came up with the idea to start up a

The convenience that this division offer customers should give the organization a profitable and popularity boost, allow them to expand globally, and make the company a leader in innovation in its industry.

Introduction: In this particular task of the unit I will describe the internal and external finance sources for a particular selected business. In this task I will use the same company as I did before in the previous part of the unit. The name of the company is : Media Markt. In this task we will get to know where money actually comes from to actually create such a big company which is well known of its electronic products.

This paper explores the POPS Diner websites and evaluates various aspect of the business has to offer. Backus (2015) shows expansion of POPS and provision kitchen in Nichols Hills. This paper evaluates different types of ratios discussed by Ebert, R., & Griffin, R. (2013) that can be used by POPS Diner such as Solvency ratio, activity ratio and the budget. This paper discusses POPS management to benefit from use of profitability by Lane, M. (2015) from Business finance online.

In this paper, we present a detailed financial analysis of the Regency Blue Ribbon Restaurant. In the analysis, we include a detailed calculation of the 2007, 2008, 2009 and 2010 profitability, financial and business activity ratios. The profitability ratio calculation is limited to the calculation of Gross Profit, Net Profit and Return on Owner's Equity (ROI). The Financial stability ratio analysis involves the calculation of the Working capital/current and Debt while the business activity ratio analysis involves the calculation of the accounts receivables turnover. While performing the above calculations, the credit sales are pegged at 10% of the total sales while the credit terms are paged at net 30 days. After the calculation and analysis, we perform a further analysis aimed at comparing the results with industry averages. The actions to be taken in order to achieve future results that are close to or even better than the industry averages are then presented. We then discuss the future concerns that are identified in the given forecast as well as the necessary actions for addressing them.

As a result of SKM’s efforts, John Fruehwirth, a principal at Allied Capital, was considering an injection of $20 million worth of mezzanine debt/growth capital in E-bar. Fruehwirth was aware of the fact that a restaurant with significant growth opportunity like E-bar could either be the next Cheesecake Factory, or flop and take the debt injection along with it. E-bar has shown initial success in California, but Allied’s investment committee needed to evaluate if this continued success can be applied outside the state. Areas of main concern included if the E-bar concept was sufficiently strong to visit and be a nationwide brand or if it had been merely a “California concept.” And in the case of success, would Allied Capital be able to meet is underwriting standards? Based upon the Black-Scholes formula and the financial information provided in this case, it is recommended that a current stock price of $6.18 be used and the warrant agreement be increased to 3.9% of total shares outstanding to yield an IRR of 18%. This report will support and examine E-bar’s ability in generating the required return on invested capital from Allied Capital and conclude by providing a recommendation on the deal alterations based on Allied Capital’s needs. The next section examines AC’s due diligence on E-bar’s growth potentials and the industry it operates in.

Our hotel will differentiate and position its business from competitors by offering a secure and pleasurable stay, providing high quality services, a state of the art security system, and professionally trained staff. Our concern for the environment and our level of no-fuss service and accountability will set us apart from other, more expensive, similarly positioned hotels in the area.

In this report I will be explaining methods I believe will be successful at helping me raise capital for my new company Pet Attire; an online cat and dog accessory shop. The reason I am writing this report is to recommend a form of finance to my new business partner.

Who We Are: We have chosen to specialize within the hospitality industry by offering only experiences of exceptional quality. Our objective is to be recognized as the company that manages the finest hotels, resorts and residence clubs wherever we locate. We create properties of enduring value using superior design and finishes, and

Corporate financial decision is a crucial component of strategies that firms adopt to access funds in the external capital market to undertake new investment, for dividend payments, to maintain capital structure, for acquisition purposes, cash savings as precaution, among others. UniHost Corporation; the largest motel and hotel franchise in Canada is faced with a requirement to raise capital. UniHost is involved in the development, syndication, franchising and management of motels and hotels in Canada of which most are flagged under the Quality and Comfort brands. There are several options that the corporation can apply to raise capital ranging from debt financing, convertible bonds and high yield debt (DeThomas, 1992). The strengths of these financial options are outlined and the reasons for their recommendation in this situation are outlined in the succeeding paragraphs.

BR Guest Hospitality Inc. is a restaurant group founded by Steve Hanson in 1987. It is a private company based in NYC but in the last 10 years has expanded in other states and it is known for its success in Las Vegas, Atlantic City and Florida. The hospitality group currently counts 16 restaurants in NYC offering a diverse cuisine such as Italian, American, Spanish and Mediterranean. In 2006 the company’ sales reached 125 million, but in 2012 experienced a 9% decrease in food sales leading to the closure of three restaurants in the city Primehouse, Kibo and Wildwood. The company employees more than 800 workers in NYC and it’s concentration strategy is focused in increasing the market share while reducing

The aim of this assignment is to analyse a selected yield/revenue management enterprise and to use the knowledge of revenue management in hospitality industry to develop an appropriate case study by applying appropriate yield management theory and concepts. In order to present it as a business report I will explore the applications of revenue management techniques and strategies in hotel revenue management operations and how it is used in order to maximise the revenue from the limited number of products e.g. Rooms, facilities etc. in different times in a year.