Sometimes it's quicker to 'watch the movie' than read the book, especially for financial concepts.

As costs and profit margins are reviewed in minute detail, take another look at these 2 popular Profit Videos, and share them with staff. Everyone needs to sharpen their understanding of how money works in a business.

1st Class Members of Profitable Hospitality can Download these calculators to use with your own figures at any time.

1. 3 Step Profit Improvement: When you combine small increases in the number of customers, how often they visit and what they spend, the improvement in bottom line results can be significant.

How could you apply this to your own business?

[To see these videos, you need the free flash Player software installed]

2. Discount Effect Calculator: Meal discounts are often used to build customer traffic, but may have unwanted effects! 10%, 20% or even 50% discounts are common. Only food costs are included in this calculation - don't forget wages will also increase to cover the higher volume. The results are surprising, maybe even disturbing...make sure the marketing department sees this before they propose yet another discount deal...

Resources for Analysing Costs & Boosting Profit Margins:

16 Profit and Training Videos online ready to use at any time

Marketing Project Profit Calculator - gives you immediate answers on the viability of a promotion

Function Profit Calculator - one of 6 designed for all types of functions & events

Cost & Profit Calculators - complete list of downloads available

Be inspired! 350+ downloads in the Marketing Downloads with constant updates and inspiration in the Sales & Marketing Department - and that's just part of the story! This is a great time to Join Profitable Hospitality.

Keep a constant eye on food costs and menu profitability with the Profitable Recipe Manager. On CD or instant download - it's designed to be simple and powerful.

Join us in Chicago, Las Vegas & Paris: Enjoy unique 'behind the scenes' visits with the best hospitality operators and businesses. Check the latest travel information and download the brochure for dates and pricing.

2009 Training Calendar

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m" target="_new">Online Marketing Workshop - Sydney: 5 May (one evening)

Club Cafe Operations Workshop - 7 April in Sydney

Organising & Selling Profitable Functions - 21 April (one day) 2009 in Sydney

Club Catering Improvement Workshop - 30 & 31 March 2009 in Sydney

Starting a Cafe or Restaurant Workshop - Sydney 9 May

With warm regards -