This course examines the profit and loss statement as a tool to use in analyzing a shop's cash flow. Participants apply this data to their own shops by utilizing their individual financial data. Participants learn the elements of a P&L Statement, and identify whether they are above or below industry benchmarks for each particular element. This course also explores circumstances and situations that may affect whether a shop is above or below the industry benchmarks.

Approval Date: 07/99

Training Solutions 8 credits; 4-hour course Specialty: