This lesson includes
- Closed captions & dubbing
- Downloadable resources
- Mobile app (iOS & Android)
Operational expense categories for profit and loss
Most of your costs can be placed into one of two categories: Costs of goods sold and Payroll. However, what about the day-to-day expenses of running your...
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This lesson includes
- Closed captions & dubbing
- Downloadable resources
- Mobile app (iOS & Android)
Lesson details
Most of your costs can be placed into one of two categories: Costs of goods sold and Payroll. However, what about the day-to-day expenses of running your business? Rent? Electricity? Well, this is where the Operational expenses category comes into play. This is the final main category for your profit and loss statement.
What you'll learn in the Operational expense categories for profit and loss lesson
- How to navigate and account appropriately for all expense categories including how to put together operational expenses that correspond to each individual venue
Instructor
Nicolas Simon is the co-founder and CEO of Wilcuma, a full-service hospitality company offering services including consulting, management, real estate and more to help those opening a business succeed. Nicolas' love for the hospitality industry grew...
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