Notes for BUSS2 

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  • Created by: Wasik
  • Created on: 10-05-12 17:31


Good Budgets: 

·         Be consistent with the aims of the business.

 ·         Be based on the opinions of as many people as possible.

·         Not decided by someone who has done little research.

·         Set challenging but realistic targets.

·         Specific, manageable, achievable, realistic and time-based.

·         Be monitored at regular intervals.

·         Be flexible 

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Cash Flow

Cash Flow & Cash Flow Problems:

  • Cash flow is the short term impact of financial decisions as it displays a monthly figure. 
  • Profit is the long term value of financial problems. 


  • Too much outflow 
  • Too little inflow  
  • Outflow come before inflow. 

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