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Focusing On Expense Loss

Publisher: LHC Press
Year of Publication: 2022
Book type: How To
Age: New Adult (16+)
Genre: How To
Sub Genre: Why Choose
Language: English
POV: First-person
Tense: Present
Key Phrases: Books for Hospitality · Hospitality Turnaround · How to reduce cost · Increasing profits · Management Training Books · Managing expenses
“Jim Lopolito’s restaurant industry expertise provides valuable insights, catering not only to newcomers and seasoned professionals in hospitality but also to business owners and managers in general. The book’s emphasis on the direct impact of operational decisions on profits proves pivotal for success across industries. Through practical scenarios and thoughtful questions, the outlined methodology aids readers in enhancing their foresight and making informed choices in a logical manner. While a quick read, in my opinion, its implementation can yield high-performance results that optimize a business’s operational strategies.”
– Janet Irizarry posted this review on Amazon
This book is a fast read for professionals who want to produce high-performance results with added ongoing profits in a short period of time.

This is a valuable resource if you seek higher profits and a better-managed business. With an Expense Loss methodology readers learn to include foresight, therefore conditioning their decisions to achieve their desired results. To fully understand the process the material is broken into three parts. Chapter one through thirteen outlines the Expense Loss method with examples of the process throughout the reading. Chapter fourteen is the review method outlined with many analysis headings offering questions and observations to consider in reviewing a business. Chapter fifteen is an actual review I conducted at a country club in the United States, offering insight into the results that can be achieved through the process.

Managing a business often exposes concerns about the direction operational decisions may take the company. There is the certainty that each decision you make, process you put into place, or purchase you decide upon, has an immediate and direct effect on profits. Consequently, the results of each decision can be positive or negative against profits, and understanding this should be part of the consideration to improve operational results. In other words, you must know where your decisions are taking you.

This is not a fill-in-the-blank process that you must figure out for yourself after reading the book! Readers are provided with the concept alongside questions and observations to construct actual scenarios occurring in their business, review them, and establish the pros and cons of what is working and what needs to be addressed. This book is a fast read for professionals who want to produce high-performance results with added ongoing profits in a short period of time. If you want to improve your team’s performance or have been looking for a formula that provides added results, here it is.

The book trains in expense management by delivering reasons why behaviors and decisions affect profits immediately when made, positively or negatively, and how you can change this behavior to improve end-of-month results. It is guaranteed to improve profits if you use the material.

As a young manager, I struggled with achieving unrealistic goals of the higher-ups, when they were the ones dictating how I should manage. I was better than this and knew there must be a better way.

This is an alternate approach to building profits in a business. With an easy-to-understand methodology, the process will help you examine, understand, and efficiently manage costs ahead of results and change the way you address the decisions that affect expenses. This is a quick read for managers to set new procedural standards toward additional profits, and the book offers logical examples of implementation alongside a full outline of criteria to perform an evaluation of your business. Focusing On Expense Loss will develop your ideas in managing expenses differently than you have originally been taught.

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