buisness equations

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BREAK-EVEN
FIXED COST / UNIT PRICE - VARIABLE COST PER UNIT
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TOTAL COST
TOTAL VARIABLE CAST + FIXED COST
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CONTRIBUTION PER UNIT
SELLING PRICE PER UNIT - VARIABLE COST
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TOTAL REVENUE
OUTPUT X SELLING PRICE
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TOTAL VARIABLE COST
VARIABLE COST PER UNIT X OUTPUT
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TOTAL CONTRIBUTION COST
CONTRIBUTION PER UNIT X OUTPUT
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COST PER UNIT
TOTAL COST / OUTPUT
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PROFIT
TOTAL REVENUE - TOTAL COST
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NET CASH FLOW
TOTAL CASH INFLOW - TOTAL INFLOW
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OPENING BALANCE
CLOSING BALANCE FROM THE PREVIOUS MONTH
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CLOSING BALANCE
OPENING BALANCE + OR - NET CASH FLOW
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VARIABLE COST
VARIABLE COST PER UNIT X NUMBER OF UNITS
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MARGIN OF SAFETY
ACTUAL SALES - BREAK EVEN POINT
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SALES REVENUE
SELLING PRICE X QUANTITY SOLD
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TYPES OF OWNERSHIP
SOLE TRADER, PARTNERSHIP, LIMITED LIABILTY PARTNERSHIP, PUBLIC LIMITED COMPANIES, PRIVATE LIMITED COMPANIES
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WHAT NEEDS TO BE AN SYS' BUSINESS PLAN
MARKET RESEARCH, MARKETING PLAN-4P'S, OPERATIONS FOR EXPANDING THE BUSINESS(E.G. STAFF, VEHICLES), WHERE WILL THE £2.5M COME FROM
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A BUSINESS PLANS MAIN PURPOSE IS FOR...
FINANCIAL PLANNING; CASHFLOW FORECAST, SOURCE OF FINANCE, PROFIT FORECAST
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BUISNESS PLAN IS FOR...
OWNERS, SUPPLIERS, BANKS AND OTHER INVESTORS, MANAGING RESOURCES
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WHAT ARE THE RESOURCE MANAGEMENT
HUMAN RESOURCES, PHYSICAL RESOURCES, FINANCIAL RESOURCES AND INFORMATION RESOURCES #
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WHAT ARE THE PRICING STRATAGIES, WITH EXAMPLES
DEMAND BASED PRICING(IF PROPERTY MARKED CRASHED NEED SMALLER STORAGE UNITS),COST BASED PRICING(MAKE PRODUCT MORE EXPENSIVE SO YOU MAKE MORE MONEY),PHYSOLOGICAL PRICING(PRODUCTS PLACED AT 99P),PENETRATION PRICING (INCREASE THE PRICE OVER TIME)
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LIST THREE RESONS WHY SYS WOULD USE A SPREAD SHEET
STORES AND MANIPULATES DATA, CAN PERFORM MATHMATICAL FUNCTIONS, DATA CAN BE MANIPULATED INTO GRAPHS AND CHARTS
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LIST THREE RESONS WHY SYS WOULD USE A DATA BASE
PROVIDES INFORMATION ON EMPLOYEE DETAILS, CUSTOMER RECORDS AND SUPPLIER RECORDS- CAN BE MANIPULATED TO PRODUCE REPORTS- GATHERS AND STORES LARGE AMOUNTS OF IMFORMATION THAT NEEDS TO BE MONITORED
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NAME SYS' COSTS AND SAY IF THEY ARE FIXED, VERIABLE OR SEMI FIXED
WAGES(SF,V,F). UTILITY BILLS(F). BOXES(SF). SECURITY(F). MORGAGE(F). COMPUTERS(F). LOAN REPAYMENTS(F). TRANSPORT(V)
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WHAT ARE FIXED COST
NOT EFFECTED BY OUTPUT LEVELS
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WHAT ARE SEMI FIXED COST
MIXTURE BETWEEN FIXED AND VARIABLE E.G. PHONE BILL
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WHAT ARE VARIABLE COSTS
CHANGE DIRECTLY WITH PRODUCTION IF PRODUCTION INCREASES SO WILL THESE COSTS
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WHAT ARE START UP COSTS
COSTS WHICH YOU ONLY PAY ONCE
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Other cards in this set

Card 2

Front

TOTAL COST

Back

TOTAL VARIABLE CAST + FIXED COST

Card 3

Front

CONTRIBUTION PER UNIT

Back

Preview of the front of card 3

Card 4

Front

TOTAL REVENUE

Back

Preview of the front of card 4

Card 5

Front

TOTAL VARIABLE COST

Back

Preview of the front of card 5
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