Finance
INCOMPLETE
- Created by: levell2000
- Created on: 04-02-15 15:28
View mindmap
- Finance
- Why a business needs finance?
- start up
- run
- expand
- new busineses struggle: few customers and many competitor
- types of finance
- Creditors and Debitors
- Revenue, cost and profit
- revenue = price x quantity
- variable costs:- cost of raw materials
- fc+vc=tc
- fixed costs :- office rent
- profit/loss = total revenue - total costs
- profit: reinvest, bonuses or save
- Loss: cuts or increase revenue
- Cash Flow
- Untitled
- Break-Even
- Untitled
- Why a business needs finance?
Comments
No comments have yet been made