The ability to successfully manage hotel properties is largely dependent upon recognizing which key indicators can impact a hotel’s financial performance the greatest. Following are several considerations to keep in mind when evaluating a hotel property’s financial performance.

One of the more frequent misconceptions that small to mid-sized business owners make is categorizing marketing as an expense. Instead, companies should view marketing as an investment and track their return on that investment over time.

Selecting the right accounting system for your business can directly impact the profitability of your business as it allows business owners to closely monitor the financial health of the company.

Financial tasks can consume a significant amount of time and attention, which can be draining to a business owner who is trying to grow the company. However, outsourcing finance and accounting functions can significantly improve your organization’s profitability.

Whether your marketing plan is informal for in house use for your sales and marketing team or a more formal, elaborate marketing plan to secure additional funding, a good marketing plan should accomplish two things…

The scorecard system is a strategic planning and management system used by organizations to ensure that operations are in line with the business vision and strategy.

Every so often, we like to share the success stories of clients whom the Analytix team has helped, especially those small to mid-sized companies who have recently launched their business.

For small businesses and enterprises alike, automation has proven to be a boon. Automation allows for smoother and more streamlined operations overall, while helping businesses stick to their budgets.

For a small business, one of the challenges to survival includes managing a competitive environment together with focusing on the business’ growth prospects. The burden of running the company along with ensuring you are doing the right things to help growth can take a toll on the key area – business financials.

Why should you pay attention to sales metrics? Sales metrics are indispensable to performance, as well as when carrying out forecasting. Metrics provide the necessary analysis needed to ensure your team is on the right track and performing as intended.