Along with operational excellence and strong sales and marketing plans, financial management is essential to sustaining a healthy bottom line for our clients. We have developed a very tightly controlled financial management program for our properties.

This program includes creating financial systems, processes, and reporting mechanisms. Our single-minded focus on the bottom-line is at the core of all our management services.

Key elements of our financial management program include:

• Develop accounting systems for financial management.
• Develop Annual Plan.
• Develop and monitor annual budget.
• Forecasting of sales and occupancy.
• Management of cash flow, with strictly controlled reserves for operations and renovation.
• Control purchasing and inventory.
• Payroll services.
• Maintain property financial analysis documents for annual tax returns.
• Generate comprehensive daily, monthly and annual financial reports that are timely, with pertinent operations information and crucial financial data.
• Analyze financial results, including industry comparisons.