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.
Cofundador y Consejero Delegado de Wilcuma (Nueva York, EE.UU.)
Course Content
Course Content
2 - Getting Started with Profit and Loss
Free
3 - Understanding and Analyzing Revenue
4 - Managing Cost of Goods Sold (COGS)
5 - Navigating Payroll Expenses
6 - Operational Costs and Budgeting
7 - Taking Ownership of Your Financials
About this Course
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.
What's included?
- 1h of HD video (12 lessons)
- 6 Quizzes
- Certificate
- Español, English (VO)
- English, Español, Italiano (BETA), Français (BETA), Português (BETA), Deutsch (BETA)
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.
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.
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Ratings and Reviews
4.8
Avg. Rating
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very detailed and simple
From sombody who always worked inside and never had the whole picture is very eye opening on some details that are often left unchecked from many business owners