When it comes to calculating your costs you'll probably find that your bills don't all come out on the same day - some may be fortnightly while others may be quarterly. To ensure your profit and loss statement is always accurate you'll first need to work out if those recurring costs are fixed or variable.
What you'll learn in the Operational expense budgets for profit and loss lesson
- What it means to budget for operational expenses and how to do this for your venue
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.