Operating budget

TOTAL
Account Name S Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17
Accommodation $3,150 $
Food $1,680
Beverages $1,638
Total income $6,468 $
Less: Cost of sales                
Stock $1,327
Gross profit   $5,141 $
Less: expenses                  
Overhead
Advertising $200
Laundry expenses $800
Electricity & gas
Insurance
Property lease $18000 $1,500
Linen and towels
Kitchenware
Repairs &
maintenance $400
Miscellaneous $600
Wages & salaries $1,617
Total expenses   $5,117
Operating
profit/loss $24

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Bestys Considerations

1. 5% increase in sales of accommodation

2. 5% increase in sales of food
3. 10% in beverages
4. Promotion Jan Feb March forecast accommodation food and beverage will increase by 10 %
on top of the original 5% projections
5. Formula previous year +5%= +10%
6. Example previous year $100+5%=$105+10%=$115.50

7. Prepare an email that you can send to the other managers at the B&B, and John Marino
seeking their input and feedback. Attach your draft budget and ensure that you provide them
with enough information so that they can make a judgement of how and why you have
allocated funds as you have. Submit this email to your assessor as if they were one of the
managers.
Example previous , Figures , Promotion Etc
a) Print a copy of your draft budget and submit it to your assessor (in the role of Betsy) along
with a memo explaining:
 the extra expenditure for discussion and approval (beds and kitchen appliances)
 a discussion on the internal and external factors that could have an impact on the budget.
Discuss at least three internal and three external factors.
Chipped Glases