Understanding key performance indicators, or KPIs, are essentials in business. They give you a measurable and reportable way to tell whether your department is meeting expectations, or if you could be more efficient! In this lesson, you’ll discover how to use statistics to develop key performance indicators and ultimately, increase revenue and profit.
What you'll learn in the Driving profit with key performance indicators lesson
- How to calculate your department profit and loss using a P&L statement
- Key statistics and performance indicators found on a P&L
- How to manipulate results and drive profit
Who the Hotel finance for non-finance managers course is for
This online course is aimed at non-finance managers looking to develop their professional and personal skills in the field of hospitality finance.