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Hotel and Restaurant Accounting 8th Edition PDF  Form

Hotel and Restaurant Accounting 8th Edition PDF Form

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Today, I want to teach you how to read a restaurant P&L. Hey, everybody. My name is Ryan Gromfin. I am an author, speaker, chef, restaurateur, and the founder of the Restaurantboss.com, as well as clickBACON.com. And like I said, today, I want to teach you all about restaurant P&Ls, but here's the thing about a P&L or profit and loss statement. It's like a history book, it's all the things that happen in the past. Now the past can sometimes be a great predictor of the future, but it's very hard to take action and it's nearly impossible to change the past. Operating a business on a P&L is like driving a car looking through a rear-view mirror. So, if the P&L is a tool that we use to tell us what happened in the past, what do we do to tell us what's happening right now? How we can make changes right now to influence our targets? You may have a target cost of goods sold, but if you wait for your P&a

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