--- title: Profit and loss essentials with Nicolas Simon description: In this Typsy course, you'll learn how to stay on top of your venue's finances. Co-founder and CEO of Wilcuma, Nicholas Simon, will help you create and maintain a profit and loss statement so your business can continue to thrive. image: https://blog.typsy.com/hubfs/proft%20and%20loss%20blog%20pic.jpg --- [Turn guest feedback into action with ReviewLearn ![](https://orchardcore.typsy.com/media/svg-icons-2026/arrow-right.svg)](https://www.typsy.com/platform/features/reviewlearn) ![](https://orchardcore.typsy.com/media/svg-icons-2026/user-profile-circle.svg) LOGIN [Member](https://member.typsy.com/) [Manager](https://manager.typsy.com/) | [![](https://orchardcore.typsy.com/media/svg-icons-2026/headphones-white.svg) CONTACT US](https://www.typsy.com/contact) [![Typsy Brand](https://orchardcore.typsy.com/media/typsy-public-website/New_Typsy_Logo_Red_PMS.svg)](https://www.typsy.com/) [BOOK A DEMO](https://www.typsy.com/contact/demo) [![Typsy](https://orchardcore.typsy.com/media/typsy-public-website/New_Typsy_Logo_Red_PMS.svg)](https://www.typsy.com/) [Search courses](https://www.typsy.com/discover/courses) - Platform Platform [![](https://orchardcore.typsy.com/media/svg-icons-2026/trusted-content-at-scale.svg) Trusted content at scale The world's largest and fastest-growing hospitality library.](https://www.typsy.com/platform/hospitality-training-library) [![](https://orchardcore.typsy.com/media/svg-icons-2026/global-hospitalility-credentials.svg) Global hospitality credentials Industry-recognized Typsy credentials validating real-world hospitality capability.](https://www.typsy.com/platform/hospitality-certifications) [![](https://orchardcore.typsy.com/media/svg-icons-2026/performance-intellgience.svg) Performance intelligence AI-powered intelligence that connects learning to measurable operational performance.](https://www.typsy.com/platform/performance-intelligence) [![](https://orchardcore.typsy.com/media/svg-icons-2026/hospitality-learning-operations.svg) Hospitality learning operations Infrastructure that embeds workforce capability into daily hospitality operations at scale.](https://www.typsy.com/platform/learning-operations) Innovation & Tools [![](https://orchardcore.typsy.com/media/svg-icons-2026/reviewlearn.svg) ReviewLearn](https://www.typsy.com/platform/features/reviewlearn) [![](https://orchardcore.typsy.com/media/svg-icons-2026/smartcards.svg) SmartCards](https://www.typsy.com/platform/features/smartcards) [![](https://orchardcore.typsy.com/media/svg-icons-2026/custom-content.svg) Custom content](https://www.typsy.com/platform/features/custom-content) [![](https://orchardcore.typsy.com/media/svg-icons-2026/language-translations.svg) Language translations](https://www.typsy.com/platform/features/language-translations) [![](https://orchardcore.typsy.com/media/svg-icons-2026/reporting.svg) Reporting](https://www.typsy.com/platform/features/reporting) [![](https://orchardcore.typsy.com/media/svg-icons-2026/activities.svg) Activities](https://www.typsy.com/platform/features/activities) [![](https://orchardcore.typsy.com/media/svg-icons-2026/assign-training.svg) Assign training](https://www.typsy.com/platform/features/assign-training) [![](https://orchardcore.typsy.com/media/nav_bar_svg_310x200/reviewlearn-pink.svg) ReviewLearn Turn guest reviews into targeted training automatically. 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The profit and loss statement.   **Preview [Nicolas Simon](https://www.typsy.com/instructors/nicolas-simon)'s course now: **     When it comes to keeping on top of your finances you've probably found that there are quite a few things that need to be tracked. Sometimes it can seem just too much and although you may not be happy with it... it all get's pushed to the back of your mind until later. But pushing your finances back won't help you complete your finances any quicker. This is where the profit and loss statement comes into play. This simple tool will help you break down your businesses finances into three main categories and as many sub-categories as you see fit. It's a overview and a deep dive into you businesses finances all in one docuement. Sound daunting? Don't stress, co-founder and CEO of Wilcuma, Nicholas Simon, will help you create and maintain your own profit and loss statement to ensure your business continues to thrive. Nicolas is the co-founder and CEO of [Wilcuma](https://wilcuma.com/), a full-service hospitality company offering services including consulting, management, real estate and more to help those opening a business succeed. His love for the hospitality industry grew upon graduating from one of the top business schools in France and working for a variety of businesses in directorial positions including Byblos Saint-Tropez, [Four Seasons Hotels & Resorts](https://www.fourseasons.com/), and the Hotel Plaza-Athenée. In this course, he will help you learn how to create and maintain a profit and loss statement that will ensure your business thrives. With Nicolas's advice, you'll be on top of your finances in no time.   | [![proft and loss blog pic](https://blog.typsy.com/hs-fs/hubfs/proft%20and%20loss%20blog%20pic.jpg?width=300&name=proft%20and%20loss%20blog%20pic.jpg)](https://www.typsy.com/courses/profit-and-loss-essentials) | **Watch the course:** [Profit and loss essentials](https://www.typsy.com/courses/profit-and-loss-essentials) [![Screen Shot 2019-02-08 at 1.57.32 pm](https://blog.typsy.com/hs-fs/hubfs/Screen%20Shot%202019-02-08%20at%201.57.32%20pm.png?width=150&name=Screen%20Shot%202019-02-08%20at%201.57.32%20pm.png) ](https://www.typsy.com/courses/profit-and-loss-essentials) | | --- | --- |   ### [Watch now!](https://www.typsy.com/courses/profit-and-loss-essentials?utm_source=Blog&utm_medium=Social+media&utm_campaign=Blog+banner&utm_id=Blog)   --- [![Typsy We teach hospitality to the world typsy.com blog banner \_ (1)](https://blog.typsy.com/hs-fs/hubfs/Typsy%20%20We%20teach%20hospitality%20to%20the%20world%20%20typsy.com%20blog%20banner%20_%20(1).png?width=858&name=Typsy%20%20We%20teach%20hospitality%20to%20the%20world%20%20typsy.com%20blog%20banner%20_%20(1).png)](https://www.typsy.com/sign-up?utm_source=Blog&utm_medium=Social+media&utm_campaign=Blog+banner&utm_id=Blog) **Provide exceptional customer experiences with Typsy. 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