Contains 6 Videos
In business planning and operations there are many ways to measure the success and viability of an enterprise. But regardless of how well a business stacks up on paper, without effective cash flow, it can be crippled, which can very quickly lead to its demise. This film examines cash flow – what it is, why it is important and a range of aspects that need to be considered in maintaining it at appropriate levels. Featuring a presenter and Jonathan Pike from Westminster University, it explores the components of cash flow, liquidity and the importance of cash flow and the cash flow forecast. It is an ideal programme for any student of business and business management at senior secondary and FE level. Show Less
You want to buy a new bike, but you've only got half the money you need. You might consider a high-interest savings account. But how long would it take to save? And how much would you pay in bank fees? Alternatively, you could get a personal loan, credit card, interest-free loan, or store credit? This vibrant, fast-paced programme takes a mathematical approach to finding the right financing option. It explores simple interest, compound interest, and various financing options with or without interest. It considers fees and charges, interest earned or paid, and how long it will take to achieve your goal. Show Less
Balancing the books is an essential part of business. Accounting methods help businesses collect, record and analyse financial data. Follow trainee accountant Calvin Clegg, a contestant on the quiz show "Who Wants to Make a Million" as he is quizzed with accounting questions that take him back to his accounting traineeship. His supervisor Dianne teaches him how to balance the books and how to evaluate business performance using financial records. Areas covered include accounting information and tools, the balance sheet, calculating profit and loss, cash control, and assessing financial performance. With Dianne's help, Calvin is poised to "make a million". Show Less
What does the future hold? Business owners and managers may not be able to answer this question, but they are able to use budgeting to look for clues about the future. This programme explores the extent to which a number of businesses prepare budgets for cash, profit and position. More importantly it examines the use of budgeted information to create opportunities for success in the future. Show Less
This programme focuses on the impact of the Goods and Services Tax (GST) on recording financial information and how the use of information technology has helped business owners in complying with tax laws.