Gregory X. Norkus - Senior Lecturer at Cornell University ’s School of Hotel Administration in conjunction with the CIA presents Restaurant Economics - Understanding "The Business of Restaurants." in DVD format.

Focusing on the interplay among the three key activities of a restaurant – marketing, operations, & finance and the people who support them – management, guests, & owners – you’ll learn how to better understand the business of a restaurant that will make your organization more successful.

• Examine the basic fundamentals of restaurant economics
• Learn how to read and interpret financial statements – the balance sheet, statement of income (P&L), and statement of cash flow
• Review financial measures and prepare corresponding statements
• Discover how to communicate the financial condition of a restaurant
• Learn how to drive a well executed business plan