II. Developing a financial statement
_ What goes into it?
Break even analysis
Work with the main variables to understand how they interact and affect profit
Fixed costs and overhead: main costs incurred regardless of business activity
They are fixed within a period of time
Human resources: staff, stationery, insurance, lawyer, accountant
Other resources: mortgage, rent, utilities, insurance
| Previous slide | Next slide | Back to first slide | View graphic version |