Spa Metrics: A Financial View of How to Best Approach the Spa Business

This course provides the student with a comprehensive application of financial management for the spa industry for spa operations managers and supervisors. Topics include: understanding the components of a spa financial statement, capturing the key drivers of daily revenues and expenses, using ratio analyses as a business evaluation tool, and understanding the basic principles of spa accounting and financial responsibility. Students will have the opportunity to use various problem solving methods and apply them to managerial situations tailored for the spa industry. Students will analyze, quantify, and evaluate the “wellness” of specific spa businesses, and use these skills to set the course for greater financial success.