Hello fellow culinary adventurers- I am an exec at a corporate office and I am looking to move up to be the GM someday but need a little help with the financial side of the biz.
I have worked in almost exclusively corporate operations and haven't had any real training on reading P&L's or budgeting outside of school. I simply get a nod of approval when I ask how my food cost came back at the end of the month. That statistic is really the only thing my GM thinks is important to me. He's a nice guy, and far-and-away the most appreciative and gracious manager I have ever had, but he is a bit of a micromanager. He is planning on retiring in a few years and told me he would like me to take over. He also told me he would let me take a peek at the books from time to time. But I want to be ready when my time comes.
So, my question is: Are there any resources I can utilize to practice or review financial statements, fiscal budgets or P&L's either online or elsewhere? Any advice would be fantastic.
Also- I love how the moderators don't want us to use kitchen lingo. Does that mean cuss words or commonly used kitchen terms? haha