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Employee Benefits Reporting on Your P&L
By David Lund - The Hotel Financial Coach

When it comes to payroll we are not just paying the cash wages. We have additional dollars that are substantial in the form of supplemental costs and employee benefits.So, what we want to have are three

Subsidizing Your Company, Association Meeting Costs
By David Lund - The Hotel Financial Coach

In my recent travels working with clients and delivering keynotes as well as financial leadership workshops for management teams and hotel associations, I noticed an interesting way that more than one

Zero Based Expenses – How to Plan and Manage
By David Lund - The Hotel Financial Coach

I help hotels manage their profits more efficiently and in the hospitality world, there are only two main cost types that need a system and a strategy to properly control them. The two culprits are payroll

Conducting Financial Operations Reviews
By David Lund - The Hotel Financial Coach

Hands down one of the best experiences I ever had in my career was being part of the team that reviewed the financial performance of the hotels in my region. The reason I enjoyed it so much, and have such

Trading Places
By David Lund - The Hotel Financial Coach

Circa 2009. Late September. I'm the regional controller for five hotels. Sitting at my desk minding my own business, doing my own work when the phone rings.It's an old friend, one-time assistant, and now