MANAGING FINANCES

Maryna S
Mind Map by Maryna S, updated more than 1 year ago
Maryna S
Created by Maryna S over 5 years ago
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Description

Masters Business Studies Mind Map on MANAGING FINANCES, created by Maryna S on 07/06/2016.

Resource summary

MANAGING FINANCES
  1. BUSINESS FORECAST
    1. Sales revenue forecast (price x quantity)
      1. What are we selling?
        1. How much are we going to charge?
          1. How much will we sell over a regular period ? (month)
            1. How might you get people to pay more per unit ? (advert / special offers/ etc)
              1. How might you get people to buy more units ? (advert / special offers/ etc)
              2. Profit and loss forecast ( sales revenue - value of costs)
                1. Gross Profit
                  1. Fixed Costs
                    1. Net Profit
                    2. Cash flow forecast
                      1. When to buy?
                        1. Where to get money to start?
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