Estimating the sales that will be generated by the business, this must be an educated estimate by conducting research into competition, speaking to potential customers and identify your target market.
1 of 5
Cost Forecast
Estimating costs both fixed and variable on a month by month basis
2 of 5
Start-up Capital
In order to get a start-up loan from any bank you must produce a detailed Business forecast (Sales and cost forecasting)
3 of 5
Fixed Costs
costs that do not change when sales/output changes
4 of 5
Variable Costs
costs that change in direct proportion to change in sales/output
5 of 5
Other cards in this set
Card 2
Front
Estimating costs both fixed and variable on a month by month basis
Back
Cost Forecast
Card 3
Front
In order to get a start-up loan from any bank you must produce a detailed Business forecast (Sales and cost forecasting)
Back
Card 4
Front
costs that do not change when sales/output changes
Back
Card 5
Front
costs that change in direct proportion to change in sales/output
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