Chapter 2

Without an accountant, do I need numbers at all?

Không có kế toán thì tôi có cần đọc số liệu không?

The chapter's question

Which four numbers must I know by the fifth of every month?

Big idea

You do not need a full report; you need four correct numbers, read regularly.

In this chapter

  1. Part 2.1

    Occupancy and Average Rate

    What were these two numbers last month?

  2. Part 2.2

    Revenue per Available Room

    What is my combined number?

  3. Part 2.3

    Fixed Costs

    What are rent, wages and internet?

  4. Part 2.4

    Cash Left

    After paying everything, what is left?

The reading for this chapter is inside Conan School

This chapter has 4 readings, with case stories and exercises. Chapter 1 of A Property's Money is free to read right here.

Read in Conan School

Chapters of A Property's Money

  1. 1.Does a higher room rate mean more profit?
  2. 2.Without an accountant, do I need numbers at all?
  3. 3.Did peak season earn enough, or just feel like it?
  4. 4.Can I separate my business money from household money?
  5. 5.Renovate more, or keep cash: which is riskier?