1. why hospitality enterprises need to draw up budgets.
2. List three things you should take into consideration when scoping a budget.
3. What information/ data is required for budget preparation? List at least six items.
4. What internal and external data and data sources might be utilised when developing new budgets? Suggest at least 10.
5. Why is it important to provide relevant colleagues with adequate notice of the opportunity to contribute to the budget planning process?