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How to Master P&L Literacy to Protect Profitability

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Manage episode 492561284 series 3645880
Content provided by MAJC and Matt Jennings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MAJC and Matt Jennings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Lauren Fernandez shares how restaurant operators must learn to “play P&L detective”—tracking every dollar to catch issues early and prevent financial leaks.

Takeaways:

  • Review your P&L monthly to catch issues before they escalate
  • Investigate line items to identify waste, theft, or pricing shifts
  • Use P&L insights to drive menu pricing, ordering, and labor decisions

Want to connect directly with industry thought leaders like today’s guest? MAJC has built a community of hospitality professionals, where insights and tools help drive sustainable, profitable businesses. To get early access to the MAJC community, sign up at www.MAJC.ai.

  continue reading

106 episodes

Artwork
iconShare
 
Manage episode 492561284 series 3645880
Content provided by MAJC and Matt Jennings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MAJC and Matt Jennings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Lauren Fernandez shares how restaurant operators must learn to “play P&L detective”—tracking every dollar to catch issues early and prevent financial leaks.

Takeaways:

  • Review your P&L monthly to catch issues before they escalate
  • Investigate line items to identify waste, theft, or pricing shifts
  • Use P&L insights to drive menu pricing, ordering, and labor decisions

Want to connect directly with industry thought leaders like today’s guest? MAJC has built a community of hospitality professionals, where insights and tools help drive sustainable, profitable businesses. To get early access to the MAJC community, sign up at www.MAJC.ai.

  continue reading

106 episodes

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