Understand how your business earns, spends, and makes profit through this practical online course designed for small business owners and aspiring entrepreneurs. This course introduces the fundamentals of Profit and Loss in a simple and easy-to-understand way, helping learners make better financial decisions for their business.
Through practical examples and guided explanations, learners will explore how sales, expenses, and profitability impact overall business performance. The course also highlights common financial mistakes and how to monitor business health using a Profit & Loss statement.
What you will learn:
- Understand the basics of Profit and Loss
- Identify different types of business income and expenses
- Learn how to read a simple Profit & Loss statement
- Understand how profit affects business sustainability
- Use financial information to support better decision-making
Skill Level: Beginner