5 mins 03 secs How does a business work out what contribution its products or outlets are making to its profits? In the real world these calculations are never easy.
6 mins 07 secs How does calculating contribution help decision-making in a business? The clip presents two examples – the viewer is invited to consider the pros and cons.
6 mins 56 secs How charity SRA uses a combination of budgeting and cash-flow forecasting to control its finances. Being realistic is vital in planning its budgets.
5 mins 49 secs Simon Topman, boss of Acme Whistles, has a rigorous approach to finance. He explains his financial objectives – and why they’re so important.
9 mins 52 secs How financial strategy delivers financial objectives. Compares the strategies of a fast-growing salad bar chain with manufacturer Blakeway Ltd.
3 mins 23 secs A piece of machinery is a fixed asset but it loses value over time – depreciation. This simple guide explains the two main ways depreciation is calculated.
5 mins 08 secs What do a company’s accounts tell you? Why are they important? A guide to the profit and loss account (income statement) and balance sheet.
7 mins 23 secs An introduction to the tricky business of forecasting — predicting future trends. Examples range from informal forecasting to time series analysis.
9 mins 47 secs Working out when a product will break even is critical management information. But breakeven analysis isn’t easy – and it has its limitations.
8 mins 53 secs How does a business choose between different sources of finance? Is it always better to get money from inside the company rather than from outside?