Monday 19 December 2011

What other financial considerations does a busines have?

  • considering the possibility of having cashflow problems during the early stages of product life cycle.
  • finance for promotions
  • credit given to customers
  • finance for new product development
  • fixed costs
  • variable costs
  • semi-variable costs
  • direct costs
  • indirect costs
  • opportunity costs
  • overheads
  • revenue = quantity sold * average selling price
  • start up cosrs
  • wages
  • running costs
  • costs for expansion
  • money saved for investment

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