Following all the directions given in class.
It is critical to complete the tasks on the TO DO list prior to the class lecture so you can begin to integrate decisions your team has made in the previous sections of the project into a beginning budget.
Calculate revenue for one year for your operation using industry statistics. The numbers you need to submit in this section should be presented exactly as modeled for you in class. Check your numbers for accuracy after typing. This budget will be presented using EXCEL spreadsheet. The format, etc will be done exactly as presented in class.
(Average check, Turnover, Revenue Calculations for F&B Lunch and Dinner, Budget 1, Cell Formulas, Adjusted Budget 1, Cell Formulas)
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Once your team has completed Section 5 please post the excel workbook to your group folder. The workbook should include all of the required spreadsheets in a single file.
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Individual Section 5 Budget- Final Project Submission
After the group budget is created each member of the group will produce their own updated version based on specific decisions. The individual budget will also include a short rationale explanation of which numbers were changed and why, based on managing the specific outlet.
The individual budget will be submitted as part of this section of the project.
Each budget will be identified by the spreadsheet header information.
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