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business gcse unit 1

This class was created by Brainscape user Katie Albrecht. Visit their profile to learn more about the creator.

By: Katie Albrecht
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Decks in this class (16)

effective financial management
Breakeven formula
1  cards
Added Value
Ways to add value,
The importance of added value
2  cards
Franchising
Franchisor,
Franchisee,
What does the franchisee get when...
6  cards
Question tips
3 mark question describe,
3 mark question explain,
6 mark question assessing two opt...
6  cards
competition
Ways to compete,
Branding
2  cards
enterprise and how to think creatively
Enterprises,
Enterprise,
Enterprise skills
8  cards
invention and innovation
Risk,
Patents,
Copyright
4  cards
revenues,costs and profits/forecasting cash flow
Variable costs,
Variable costs calculation,
Ways to increase profit
8  cards
the business plan
The purpose of a business plan,
What goes into a business plan
2  cards
obtaining finance
Long term sources of finance,
Short term of finance
2  cards
limited liability/differences between sole traders and LTDs
Unlimited liability,
Limited liability,
The differences between sole trad...
3  cards
start up legal and tax issues
Why have legislation,
The legal requirement of a small ...,
Taxes on small businesses
3  cards
customer satisfaction
Good customer service,
Benefits of good service,
How can repeat purchase be stimul...
3  cards
recruiting, training and motivating
The recruitment process,
Motivation,
Employment legislation
3  cards
the business cycle/ business decisions and stakeholders
Boom,
Slow turn downturn,
Recession
15  cards
net cash flow
How can a business improve cash flow,
What is cash flow,
Cash inflows
8  cards

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business gcse unit 1

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