Stakeholders

Created by: lucyygibbs
Created on: 27-02-18 11:19

Stakeholders

They get a share of the profit if the business is successful. They will want to gain a good return (amount of profit) for the amount they invested. They would also want to ensure that they are investing in a ‘healthy business’ that can pay off its d

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Suppliers

They will want to ensure that they will get paid; especially if they are offering them a 30-60 day credit period. They will be interested in the Balance Sheet to see if the business can pay off its debts.

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Employees

They want job security and regular pay, so want the

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Customers

They want high quality products at a low price. They want to be able to contact the business after they’ve bought products if something is wrong. They will be interested in the Balance Sheet to see if the business is healthy (can pay off debts) and

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Government

Will receive taxes when the business makes a profit, so will be very interested in the net profit shown on the Profit and Loss Account.

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Bank

Will want to know that the business is able to pay off any loans, so will look at the Balance Sheet and the Current and Acid Test Ratios.

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Managers

They will want to ensure that the business is performing successfully; managing costs effectively and generating adequate profits in relation to sales turnover. They would be the stakeholders that use and analyse the five ratios you have studied the

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Other cards in this set

Card 2

Front

Back

Suppliers

Card 3

Front

They want job security and regular pay, so want the

Back

Card 4

Front

Back

Card 5

Front

Will receive taxes when the business makes a profit, so will be very interested in the net profit shown on the Profit and Loss Account.

Back

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Stakeholders