Listen "Finance – Building Literacy, Discipline, and Peace of Mind"
Episode Synopsis
In this episode of The PAX Hospitality Podcast, host Leon Kennedy sits down with Kate Bradford to unpack the least glamorous but most essential pillar of hospitality success: finance. Sitting within the Consistency layer of the PAX Pyramid, this episode explores how financial literacy, transparency, and disciplined reporting form the backbone of every sustainable business.Leon and Kate walk through the five key components of financial architecture — forecasting, weekly reporting, month-end reconciliation, annual budgeting, and cashflow runway — and how each one builds clarity, accountability, and ultimately, calm. From gamifying wage targets to forecasting cash 17 weeks ahead, this is a masterclass in turning numbers into a living, cultural system that drives performance and peace of mind.Topics Covered:Why finance is the foundation of consistency in hospitalityThe five pillars of financial architecture — and how they work togetherIncreasing financial literacy across teams without overwhelming themHow to build simple, repeatable systems for forecasting, reporting, and cashflowThe role of transparency, trust, and accountability in culture and performanceThe PAX Hospitality Podcast is produced by PAX and Craate Creative. Support for this podcast comes from Square and Brunswick Design and Innovation. Our music is produced by Patricia Heath and Mattias Westergren. PAX acknowledges the Wurundjeri Woi-wurrung people as the traditional custodians of the land on which we operate. We pay our respects to elders past, present and emerging and to all First Nations People.
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