Getting the sums right
Tourism businesses can set a range of financial objectives over a period of time which may relate to:
- Revenue – the amount of income received
- The total value of sales of products and services
- The costs of operating the business
- The profit or loss made by the business
- The wages and salaries paid to employees of the business
- Loans and other forms of finance to operate the business
Tourism businesses may set a range of financial targets depending on their scale and other factors.
Downloadable Content
- Word (.docx): U2-1.2-R3-Financial-objectives.docx