City of Lowell, MA

01/09/2025 | Press release | Distributed by Public on 01/09/2025 12:49

Restaurant Finance 101 Workshop with Prepshift

Most restaurant owners would love to focus solely on the food, but understanding the numbers is what truly determines the success of a food business. Finance can be an intimidating topic, but the Prepshift team is here to simplify key concepts so any restaurant owner can get a clear view of their financial health by using financial statements-specifically the P&L.

Join the Office of Economic Development on February 4, from 1:00 - 2:30PM (via Zoom) for the Restaurant Finance 101 Workshop hosted by Prepshift.

Learn to:

  • Interpet a P&L (Profit & Loss) statement
  • Understand key financial concepts like COGS (Cost of Goods Sold) and NOP (Net Operating Profit)
  • Make informed decisions to boost your bottom line
  • Simplify finance, maximize profits, and take control of your restaurant's success!

Register: https://lowellma.zoom.us/meeting/register/tZUkd-CtqTMiH922qFL_BoOe0wwM43pt9bU_#/registration

Contact the Office of Economic Development with any questions via email, [email protected], or phone (978) 674-1437