Let’s Talk Business! (Making Your P&L Work for You)
In this episode, we will take a look at everyone’s favorite financial statement, the Profit and Loss Report. By understanding the numerical story that the P&L is trying to tell you about your business, you can have greater confidence in the decisions you make around product/ service pricing, wages, rent, and other “control points” of your business. Join Aaron Rodriguez, Managing Director and Chief Business Optimizer at ACR Business Consulting while we look at some common guidelines around percent of fixed expenses, labor, and cost of goods sold, as well as, explore some ways to bolster confidence in your pricing structure and necessary business expenses.