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Business

Business(Preparing of a business plan)

QuestionAnswer
What is a business plan? A statement,usually in writing,which sets out where a business is and where is wishes to be at some future date
What are fixed costs? Costs that remain the same regardless of the amount of goods and/or services produced
What are variable costs? Costs that change with the amount of goods and/or services produced
What is cash flow forecast? A statement setting out the planned recipts and planned payments of a business
What is net cash? The difference between the planned receipts and the planned payments
Created by: Chimozukee
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