1.what is the challenge in budgeting if the business is a SKI resort and cash flows...

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Accounting

1.what is the challenge in budgeting if the business is a SKIresort and cash flows vary with the season. 2. as a new owner of anexisting business what resources do you have to prepare a porformacash budget. 3.Is there any volume limit that is impractical toachieve given the current fixed capital

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Lets consider the question 1 SKI resort is a resort developed for skiing snowboarding and other sports It is mostly seen in Europe Ski resort is a seasonal business The peak season for Ski resort is winter time mainly from December to March or December to May in some areas In this time ski resorts manage to earn income for the entire full year In the offpeak season many ski resorts may close down completely and manage only basic services such as accounts payable andor maintenance work Some ski resorts manage to continue their business in off seasons also because most families likely make some attempt to avoid peak season at ski resorts and for good reason Peak season is always more expensive than the shoulder or offpeak season and peak season has well See Answer

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