Factors Affecting Sales Forecasts
Sales Forecasts are charts and graphs, equations and educated predictions that allow businesses to predict future sales with a degree of accuracy....
Posts
What is Break-even analysis useful for anyway?
What does Break-even calculate? Break-even is when a business is not making any losses or profit. This post covers margin of safety, break-even charts, and the formula.
Common AS-Level Business Studies Equations
Here is a list of routinely forgotten equations for Business Studies, make sure to memorise them. Equations Total Contribution = Total revenue - To...
Trade-offs and Opportunity Cost
What is Trade-offs and Opportunity Cost? Trade-offs are choosing one thing over another, if you choose to invest in paint over pencils, your opportuni...
Garbage in Garbage Out Data
When you signup for a website. You enter your information (or data). You don't always get it right and could miss a box or spell your own credentials...
Advantages and Disadvantages of a Public Limited Company
What is a Public Limited Company? A Public Limited Company is a business that has decided to offer it's shares on the public stock market. The Stock M...
Understanding Different Business Types
There are many business types of organisation, these all have their advantages, so it is important to know which is better for which task, otherwise a...
Advantages and Disadvantages of Types of Processing data
When data is processed there are multiple methods of processing data, there are several types that all have individual Advantagesand Disadvanta...
Data, Information and it's Differences
Data itself is valueless, however when provided with context, it becomes valued, a database contains lots of raw information, and therefore it would b...
Characteristics of an Entrepreneur
An entrepreneur must have a certain set of skills in order to be successful and lead them to a more prosperous life. Some positive characteristics ca...