Harmony Academy:
An Operator’s Guide to Restaurant Finance
Empowering Business Owners
Harmony has offered classes to countless clients, in partnership with organizations like Re:Her, Restaurant Association Metropolitan Washington, and the National Restaurant Association, as well as guiding countless operators around the country through the confusion of pandemic relief legislation.
Harmony now offers courses for hospitality industry operators looking to learn the essentials of financial management. Harmony Academy classes are geared toward managers, owners, and operators eager to boost their financial acumen and deepen their knowledge of hospitality finance.
Simply put: Operators who know more, make more. To schedule classes for you and your team, fill out the form below, or keep scrolling to view our sample course offerings.
Restaurant 101 - Financials
Harmony’s Restaurant 101 class covers the basics of small business accounting with an intensive focus on the hospitality industry, and equips managers with essential accounting principles tailored for restaurants.
Topics covered include accrual vs. cash basis accounting, understanding the three primary financial statements, Key Performance Indicators specific to restaurants and bars, industry benchmarks, and hands-on exercises analyzing Profit & Loss statements.
Restaurant 102 - Labor Costing
Harmony’s Restaurant 102 class introduces vital strategies for managing labor costs effectively. This class is an introductory deep dive into the hospitality industry’s largest and most difficult to manage cost.
Restaurant 102 includes lessons on accurate labor tracking, an introduction to payroll taxes and benefits, fundamentals of predictive labor scheduling, best practices in labor management, and practical scheduling exercises using widely-used software.
Restaurant 103- COGS & Menu Pricing
Restaurant 103 tackles Cost of Goods concepts and Menu Pricing and guides managers through the essentials of managing food and beverage costs.
Restaurant 103 includes lessons on the COGS equation, inventory management and best practices, menu pricing techniques, menu design, and PMIX analysis, as well as practical menu pricing exercises utilizing spreadsheets and popular software.
Put Decades of Restaurant Accounting Expertise to Work For You
Tell us a little about your business’s needs and see if one of our courses is right for your business, or discover if we have a seminar coming up near you.