Platform Business Advisors: Hotel Solutions

Schedule a call with us today if you want a hotel financial team you can count on! ? ? You shouldn't have anxiety every time someone asks a financial statement question. ? ? You can outsource your monthly financial statement process to us and never have to worry about it again! ? ? ? Industry experts you can trust.? ? ? Timely and accurate financial statements.? ? ? Ongoing training and communication for the hotel team.? ? So you can focus on operations and grow your portfolio with ease! ? ? Schedule a call with us today (link in comments). ? Relief is closer than you think! ? #HotelFinancials #HospitalityIndustry #HotelAccounting #PlatformBusinessAdvisors?

?? Calling All Hotel Owners and Managers! ?? Are you tired of feeling like a "smile and nod" type when discussing financials with your hotel accountant? It's time to step into confidence! As a hotel owner or manager, maximizing profit hinges on leveraging financial statements to inform operational decisions. But there are two major roadblocks holding you back: Inaccurate data on the income statement ?? Limited understanding of financial jargon ?? Both challenges can be equally frustrating, but they don't have to hold you back. To make truly profitable decisions, you need accurate data AND the know-how to interpret it effectively. Luckily, we've got just the solution! Introducing our FREE Cheat Sheets tailored for hotel owners and managers. These resources provide practical knowledge on: ??Understanding the flow of data through your hotel's systems into financials ??Hotel financial statement fundamentals Hotel analytics insights ??Market segments breakdown (aligned with USALI) and trend identification strategies for your hotel Ready to transform those "smile and nod" moments into informed discussions with your accountant? Grab our FREE GUIDE in the comments!

Hotel Financials can be simple! You just need a trusted team that can get them to you: ?Timely ?Accurately ?And easy to understand. At Platform Business Advisors: Hotel Solutions we love doing that for hotel teams and we can do it for you! Click the link in the comments to learn more!

"At Platform Business Advisors: Hotel Solutions, we provide a robust outsourced accounting department for even the smallest hotel portfolios. There are not enough resources out there for hoteliers trying to grow their portfolio. Add to that the struggle of turnover and inadequate training and we get why you’re over it! We’ve developed a system that works, so you have reliable financials without the stress. If you need help, send us a DM and let’s talk! #HotelFinancials #HospitalityIndustry #HotelAccounting #PlatformBusinessAdvisors "

Hey hotel teams, have you ever wondered how to keep everyone on the same page as to where the team’s at on the month end process or what progress has been made to ongoing projects? A simple and effective strategy we’ve found is the End-of-Day Report or End of Week report. Watch the short video below to see how we use them. Why is this so beneficial? Well for the accountants, the hotel team might not always realize all the behind-the-scenes work being done on their behalf. Sometimes accounting can seem like it just gets done magically…and if the client’s only interaction with their accountant is when you ask questions, request information, or noticing red flags, you may come off as a nuisance. When in reality, you actually are doing a lot of work, and you really just want the financials to be as accurate and helpful as possible. The end of week email is the accountant’s opportunity to show how you have been serving your client throughout the week. On their end, it feels good to be informed and know what they’re paying for. It also provides a platform to get any lingering questions answered and make sure everyone is on the same page as far as where you are on your deliverables. By providing a clear list of completed tasks, hotel teams are looped in without having to guess or question. If you find this video helpful, follow us for more tips on building your team and improving your financial statements. And if you’d like more than tips, you’d like an actual trusted team of industry experts to produce your hotel financial statements monthly, we’re here for you! You can simply outsource the monthly financial process to us so you can focus on the parts of the hotel business that you love! #hotelaccounting #platformbusinessadvisors

"If you're a hotel owner who is sick and tired of: ? Not getting your financials on time. ? Not being able to keep your accounting team. ? Not knowing how to train them or hold them accountable once you finally find them. We can help you! You just need a team of trusted hotel financial experts who can: ? Send you accurate monthly financial statements that follow hotel industry standards. ? Communicate the numbers in a way both you and your ops team understands. ? Has processes and cross training so that you never have a lapse in service and can scale with ease. DM us and let's jump on a call to make a plan for your specific hotels! You deserve to focus on the parts you love. It's not as far off as you think! ? #HotelFinancials #HospitalityIndustry #HotelAccounting #PlatformBusinessAdvisors"

Hotel owners and managers, what if I told you that you could start getting timely and accurate monthly financials and NEVER have to interview and train a controller again? Wild, I know! It's totally possible with Platform Business Advisors!!! DM us today and we’ll tell you how it works. Let's Go!!!!! #HotelFinancials #HospitalityIndustry #HotelAccounting #PlatformBusinessAdvisors

Believe it or not, turnover in your hotel accounting department doesn't have to make you lose sleep! Outsource your monthly bookkeeping to Platform Business Advisors: Hotel Solutions and let our team do the heavy lifting! ?We will setup your accounting system (if needed). ?Train the hotel operations team on their part. ?Provide a team of staff accountants that are cross trained so you never have a lapse in service. ?Reconcile all your accounts. ?Handle weekly payments. ?Calculate and pay sales and occupancy taxes. ?And give you timely and accurate financial statements! So you can grow with ease and sleep like a baby! ?? Let's jump on a call to put together the perfect solution for your hotels! (link in comments)

Does your hotel’s chart of accounts need a little cleanup? With budget season around the corner, now is the perfect time to review and optimize your accounts for better financial reporting and smoother operations. Watch this short video to learn our best tips for optimizing your chart of accounts in the coming year! ? If you find this video helpful, follow us for more tips on building your team and improving your financial statements. ? And if you’d like more than tips, you’d like an actual trusted team of industry experts to produce your hotel financial statements monthly, we’re here for you! ? You can simply outsource the monthly financial process to us so you can focus on the parts of the hotel business that you love! ? #hotelaccounting #platformbusinessadvisors

Feeling bogged down by the complexity of your hotel’s financial statements? You’re not alone. Today, we’re diving into the essential yet often misunderstood world of the hotel chart of accounts—and specifically, how detailed it really needs to be. Here’s the thing: while the Uniform System allows for removing unnecessary accounts, it advises caution when adding new ones. Even if you do add accounts, they must be rolled up into a standard USALI category to ensure comparability with other hotels. But before you make any changes, consider whether additional accounts will truly benefit your financial reporting—or just create more headaches. Watch this video to explore some common pitfalls to avoid. If you find this video helpful, follow us for more tips on building your team and improving your financial statements. And if you’d like more than tips, you’d like an actual trusted team of industry experts to produce your hotel financial statements monthly, we’re here for you! You can simply outsource the monthly financial process to us so you can focus on the parts of the hotel business that you love! #hotelaccounting #platformbusinessadvisors