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...
Our Tips for Success pods provide general strategies and tips for approaching a particular GCSE/IGCSE question or GCSE/IGCSE question type successfully. They explain the rubric of exam questions and mark schemes, walking students through the exam question and its potential pitfalls, and what the exa...
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 is made. Customer Individuals,businesses or organisations that purchase goods/services and make decisions about whic...