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    Deangela

    How To Know Some Of The Basics In Expenses For Starting Up Your Own Five Star Hotel? This Is Just For A Project In A Class.

    This is just something I need to know for a class. This way I can make a pretend budget for a hotel business.

    asked 1 year ago

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    Aicha

    Here is how you make an estimated budget:
    - Know the estimated value of the hotel
    - Amount of capital required
    - Amount of debt if any
    - Loan/interest payments
    - Operating expenses
    - Administrative expenses
    - Salaries / dividends / taxes

    answered 1 year ago   

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