Finance

Sources and uses of finance

There are a number of ways of raising finance for a business. The type of finance chosen...

Use of personal income

There are a number of ways of raising finance for a business. The type of finance chosen...

Organisations that provide financial services

Banks like Abbey provide a number of important financial services to business:1.Loans provide businesses with expansion capital....

Financial advice, sources of credit and savings and investments

Sources of finance are where finance comes from.For example,Bank loans,Owner's (share) capital,Trade credit,The Times 100 MFI case...

Insurance

Insurance is the business of taking on other people's risks. The UK lies at the heart of...

Investment appraisal

One of the most important long-term decisions for any business relates to investment. Investment is the purchase...

Contribution and break-even analysis

An important business objective is to break-even i.e. to exactly cover your total costs by sales revenue....

Fixed, variable costs and break-even

The break-even point of a business is the level of output or sales at which the revenue...

Covering the costs of a new product

Costing is an important aspect of production because:By knowing how much it costs to produce an item...

Costing and profitability

Knowing the cost of an item, or an activity makes it possible to calculate the profit of...

Cost and profit centres

For any business it is important to have an understanding of how much it costs to run...

Calculating costs of production

Costing is an important aspect of production because:by knowing how much it costs to produce an item...

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