59m 35s
12 Lessons
Money can make or break your business, which is why understanding your profits and losses should be a key priority when it comes to running a successful hospitality business. With money flowing in and out from all angles, staying on top of it all can be a struggle.
In this course, co-founder and CEO of Wilcuma, Nicolas Simon, will help you understand how to create and maintain a profit and loss statement that will help you keep on top of your venue's finances.
WHAT YOU WILL LEARN
- Welcome - Profit and loss essentials
- Introduction to profit and loss
- Revenue categories for profit and loss
- Analyzing revenue for profit and loss
- Food cost for profit and loss
- Beverage cost for profit and loss
- Payroll categories for profit and loss
- Payroll tools for profit and loss
- Operational expense categories for profit and loss
- Operational expense budgets for profit and loss
- Owning your venue's profit and loss
- Conclusion - Profit and loss essentials
This course is perfect for any hospitality business owner looking to take control of their finances.