Financial Management

Realistic and controlled financial management is key to a hotel business; enabling a company’s profits to grow during successful times and survive through hard times. With a more thorough understanding of a company’s financial status, managers are able to make better informed choices at the crucial time. Using Alchemy’s experience in the financial sector we are able to manage businesses in the following way:

Overall review of financial situation
Generation of bespoke budgetary and forecasting models
Development of purchasing controls
Structured plan of capital expenditure
Development of management financial awareness and business impact
Review of cash flow and development of relationships with suppliers
Cost/ reward analysis of expansion or redevelopment
Creation of budgets and competitive costings for expansion or redevelopment