Profit And Loss Analysis
Master how to read, analyze, and adapt your P&L to make strategic decisions that boost efficiency and profitability in your restaurant or hospitality business.
Co-founder and CEO of Wilcuma (New York, USA)
Break down the complexities of profit and loss statements into practical, actionable knowledge.
In the fast-paced world of hospitality, understanding your venue’s financial performance is crucial. This course, led by Nicolas Simon—co-founder and CEO of Wilcuma—demystifies the profit and loss statement, a vital tool for tracking revenues, costs, and overall profitability. With Nicolas’s extensive experience in managing top-tier establishments, you’ll learn to create and interpret P&L statements, enabling you to make informed decisions that drive success.
At the end of this online course you will be able to:
- Understand and categorize various revenue streams.
- Accurately calculate food and beverage costs.
- Manage payroll expenses effectively.
- Develop and monitor operational budgets.
- Customize P&L statements to reflect your venue’s unique needs.
Develop your culinary talent
Unlimited access to ALL Scoolinary courses to learn Cooking, Pastry and much more
Course Syllabus
Course Content
Chapter 2 - Getting Started with Profit and Loss
Chapter 3 - Understanding and Analyzing Revenue
Chapter 4 - Managing Cost of Goods Sold (COGS)
Chapter 5 - Navigating Payroll Expenses
Chapter 6 - Operational Costs and Budgeting
Chapter 7 - Taking Ownership of Your Financials
Chapter 8 - Wrapping Up
The fundamentals of profit and loss statements to gain control over your hospitality business's financial health.
What you'll learn
This course provides a comprehensive guide to managing your venue’s finances through profit and loss statements. You’ll delve into revenue categorization, cost analysis, payroll management, and budgeting. By the end, you’ll possess the skills to tailor P&L statements to your business, ensuring financial clarity and strategic decision-making.
Meet your Instructor
Co-founder and CEO of Wilcuma (New York, USA)
Nicolas Simon is the co-founder and CEO of Wilcuma, a full-service hospitality company offering services to help anyone looking at opening a business succeed from day one.
Earn your certificate and validate your skills
Every course includes a downloadable recipe book
About Scoolinary
- Learn at your own pace. Enjoy learning from home. Set your own schedule.
- Expert Instructors. Each instructor teaches only what she/he does best, conveying true passion and excellence in every lesson.
- Professionally produced courses. We select the best instructors and a professional team produces the course with them.
- Community of Professionals and Foodies. Share your photos, solve doubts, and learn alongside a global community always ready to respond, inspire, and accompany you on this journey
- Earn your Certificate. Demonstrate your course completion with a Scoolinary Certificate
Other courses included in your membership
Never stop learning
Unlimited access to this and ALL Scoolinary courses with your Membership
Got questions? We've got answers
To watch this course, you need to subscribe to Scoolinary. With your membership, you’ll get unlimited access to our entire course catalog. You can subscribe by clicking here.
Yes, you can try a free lesson in each course before subscribing to experience the quality of our content.
All courses are 100% online and in high-quality video format, taught by recognized experts in their field. You can watch them at your own pace from any device and access supplementary materials such as recipes, exercises, and tests.
Yes, if you have a Premium or Team plan, you will receive a certificate upon completing each course. These certificates are backed by Worldchefs and the American Culinary Federation (ACF), prestigious organizations in the culinary world.
You will continue to have access until your subscription period ends.
Scoolinary is the leading online culinary platform for training. We offer a vast catalog of courses in cooking, pastry, mixology, management, and more, taught by renowned chefs and experts. With our flexible methodology, you can learn new techniques and skills and enhance your career from anywhere in the world.
Ratings and Reviews
0.0
Avg. Rating
0 Ratings
5
0
4
0
3
0
2
0
1
0
What's your experience? We'd love to know!
Login to Review
What's your experience? We'd love to know!
Login to Review
Login
Accessing this course requires a login. Please enter your credentials below!
Don’t have an account?
Signup