The class will cover the following topics:

• Gross profit
• Operating profit
• Net profit
• Profit margin ratios
• Break-even concepts

By the end of the class, you will understand:

• How to read a Profit and Loss statement (P&L)
• How often you should update and analyze your Profit and Loss statement
• Best practices for achieving, maintaining, and improving profitability

Pre-class homework:

• Bring your 2022 (Fiscal Year End) and 2023 (Year to Date) P&L statement to the workshop.
• Have your phone calculator available