Profit and loss essentials
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Course details
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 online 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'll learn in the Profit and loss essentials course
- 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
Who the Profit and loss essentials course is for
This online course is perfect for any hospitality business owner looking to take control of their finances.
Meet your instructor
12 lessons included in this course
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Complete all the lessons included in the course. Each lesson is generally 3-5 minutes long.
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All Typsy courses are endorsed by the Institute of Hospitality
Typsy courses have been endorsed by the Institute of Hospitality which demonstrates the courses:
- Adhere to good practice standards in training and training delivery
- Are relevant to the needs of the industry
- Meet a wide range of essential criteria relating to quality standards and quality learning outcomes
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What our members are saying
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"I have been using the Typsy online training platform since April 2020 and have found it to be very informative, simple, and it provides hands-on, practical skills that I have been able to immediately implement at my accommodation facility. It also assisted in sharpening and updating my current skills to enhance my guests' experiences in the future."
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