This title has been written for the latest AQA GCSE Business Studies specification. It covers Unit 1: Setting up a Business and Unit 2: Growing as a Business and provides detailed advice on how to approach the controlled assessment in Unit 3. - Engages students with business insights and ...
A detailed statement of how the business intends to operate,either at start-up or during a given period of time.Business plans are based on forecasts and so cover only a short time. Cash Money that the business has in cash or at the bank. Cash flow forecast A financial planning tool tha...
A legal document that sets out the terms and conditions of the job for the employer and the employee. Cost The money spent by a business on goods and services. Cost-plus pricing Setting the price of a good or service at an amount higher than the cost of producing it so that a profit...
A financial planning tool that estimates the money coming into and going out of the business on a month-by-month basis;it allows the business to predict times when additional finance may be needed to maintain liquidity. Cash inflow Money received by the business from its operations or investment...