Net profit: Difference between revisions

From Emerald Forest Hotel
Jump to navigation Jump to search
No edit summary
No edit summary
Line 3: Line 3:
{{Running competition}}
{{Running competition}}
== What is net profit? ==__NOEDITSECTION__
== What is net profit? ==__NOEDITSECTION__
The net profit consists of the revenues which are made in
The net profit consists of the revenues which are made in the four revenue groups:


* Rooms rental
* Rooms rental
Line 10: Line 10:
* Other revenues
* Other revenues


Minus the costs. <br>
Minus the costs. We only speak of net profit, not of margin, profit or other concepts. <br>
There is a special group fines and bonuses which influences the result directly. <br>
There is a special group fines and bonuses which influences the result directly. <br>
What remains is the net profit. More info on the page [[Operating review]]. As you take over this profit is good, in fact to good. This is caused by the fact that the management who ran the hotel really did as few spendings as possible during the last few years. This has driven up the net profit, but now there is a real arrears in maintenance and the visitors are getting dissatisfied by the fact that the hotel is outdated.  <br>
What remains is the net profit. More info on the page [[Operating review]]. As you take over this profit is good, in fact to good. This is caused by the fact that the management who ran the hotel really did as few spendings as possible during the last few years. This has driven up the net profit, but now there is a real arrears in maintenance and the visitors are getting dissatisfied by the fact that the hotel is outdated.  <br>
Line 16: Line 16:
== Limitations ==__NOEDITSECTION__
== Limitations ==__NOEDITSECTION__
In the simulations you do not have to worry about taxes or [[VAT]] (value added tax) <br>
In the simulations you do not have to worry about taxes or [[VAT]] (value added tax) <br>
You also do not have to worry about [[liquidity]]: it is all about the net profit.
You also do not have to worry about [[liquidity]]: it is all about the net profit sot here is no profit before or after tax. Of course, this is a limitation in this game, do not forget to take care of this in reality. The regulation differ from country to country.  


<br><hr>
<br><hr>

Revision as of 08:47, 28 March 2014

→ Go! Category:Hotel info
→ Go! Running competition

What is net profit?

The net profit consists of the revenues which are made in the four revenue groups:

  • Rooms rental
  • Food and beverage
  • Banqueting
  • Other revenues

Minus the costs. We only speak of net profit, not of margin, profit or other concepts.
There is a special group fines and bonuses which influences the result directly.
What remains is the net profit. More info on the page Operating review. As you take over this profit is good, in fact to good. This is caused by the fact that the management who ran the hotel really did as few spendings as possible during the last few years. This has driven up the net profit, but now there is a real arrears in maintenance and the visitors are getting dissatisfied by the fact that the hotel is outdated.

Limitations

In the simulations you do not have to worry about taxes or VAT (value added tax)
You also do not have to worry about liquidity: it is all about the net profit sot here is no profit before or after tax. Of course, this is a limitation in this game, do not forget to take care of this in reality. The regulation differ from country to country.



→ GO! Top of this page

Emerald Forest Hotel offering an emerald hotel experience! | Run your own hotel in this management simulation.