Store Manager Academy Week 3 Lesson 1 - P&L training

[@kiarabrown3971]

Agreed! I was a GM for almost 3 years and not once sat down with my DM and talked about my store finances

[@ViceDedecus]

This was a huge help! Thank you so much for your time an effort.

[@farhanedits3608]

Thanks dude

[@fackeyutub-emael6545]

I have no clue that some institutions did not allow their store managers see their P&L's
That's absolutely absurd!
How can you run a business?
I understand why they would do it, but i just want to see how they work that out.
Now I'm wondering, maybe some managers really don't do anything, but tell their workers what to do!. Wow. A world i never thought existed.

[@fackeyutub-emael6545]

Also, if you don't understand a P&L, i suggest you actually complete an excel on your homes actual P&L.

[@anupamdas8356]

Sir too small how is it possible to understand

[@lordoftheringlordofthering4077]

If not burden you. Can you share the sample of that P&L statement to us.

[@larrynolletti4594]

I understsnd the gross margin as percent to sales computation but for wages as percent to sales when I divide 10000 by 120000 I get .083 you said 8.3 could you clarify that thank you great course

[@Frontlineleadershipwithsteven]

Always move your decimal 2 digits over to the right or times it by 100 and you will get your 8.3

[@MrKineticdemise]

Everything too small to read

[@Frontlineleadershipwithsteven]

Agreed! Sorry about that. We have a new course using better video editing techniques that will be released early next year. I might of been a good manager but I'm a terrible video editor! Thanks for the feedback and support

[@jferrer3898]

this was recorded from a potato

[@Frontlineleadershipwithsteven]

pretty close, just on the border of Utah & Idaho ;)

[@maxmm-bn8qm]

😴😴

[@ak-ir7iu]

poor screen brother