Recommended Prep Courses
We recommend taking this course at the end of your learning journey, as it builds on the previous courses in the academy.
You are expected to have the knowledge on the different metrics, their formulas and the different sales and inventory reports, that have been explained in earlier courses.
Retail Business Performance Analysis Course Overview
This course teaches students how to analyze the performance of a retail business, starting from its financial statements, and going back and investigating further the underlying causes behind the performance.
Students will learn how to read the P&L statement of a retail business, through a hypothetical example of a store’s P&L. They will learn how to understand what the numbers are trying to tell them, by asking more questions and generating more reports and calculating more metrics, based on the financial results.
The goal is to uncover the different possible reasons behind certain end results, in order to use those findings in future planning and performance management.
It then briefly goes over the other financial statements, the balance sheet and cash flow statement, in order to use the information in them to calculate different financial ratios and explain what each metric indicates about the financial performance of a business
Retail Business Performance Analysis Course Objectives
Upon completing this course, you should be able to:
- Read and understand the income statement of a retail business
- Apply a framework to investigate further beyond the P&L information
- Uncover different reasons behind poor sales performance
- Troubleshoot low margin performance
- Calculate different financial ratios using the 3 financial statements
Upon completing the course and passing the final assessment, students get a course completion certificate.