Are you ready to dive into the world of profit calculation and how it impacts businesses? In this interactive video, we'll take a closer look at the concept of profit, using the example of a popular pirate-themed dining experience in London. “A Pirate’s Feast: The Dining Experience” offers guests a unique theatrical meal on a pirate galleon moored on the River Thames. We'll explain the difference between revenue and costs, and how they determine a business's profit or loss.

Next, we'll delve into the different types of costs that businesses may incur, including fixed and variable costs, and how they can affect a business's profit. We'll also examine the importance of understanding gross profit, net profit, and operating profit, and how each component plays a crucial role in determining a business's overall profitability.

By the end of this video, you'll have a solid understanding of the different elements that go into calculating profit, and how they relate to the success of a business. Get ready to dive into the world of business finance and discover how profit is the key to a thriving enterprise.