CLIP 25 Investment Decisions At ACME Whistles
5 mins 52 secs Acme Whistles prides itself on a cautious approach to spending and borrowing. How does it decide whether investing in new machinery is worth it?
CLIP 26 Contribution And Decision Making
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.
CLIP 27 Cash And Contribution: ACME Whistles
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.
CLIP 28 Financial Objectives
7 mins 54 secs To achieve their long-term aims, businesses set short-term objectives. What are the objectives of manufacturing boss Stephen Maynard?
CLIP 29 Financial Objectives In Conflict
8 mins 09 secs Often there is conflict over objectives inside a business. Two examples of tensions and struggles inside manufacturer Blakeway Ltd and small business Logical Friends.
CLIP 30 Financial Objectives At ACME Whistles
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.
CLIP 31 Financial Strategy
9 mins 52 secs How financial strategy delivers financial objectives. Compares the strategies of a fast-growing salad bar chain with manufacturer Blakeway Ltd.
CLIP 32 Depreciation
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.
CLIP 33 Introducing Accounts
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.
CLIP 34 What Is Accounting?
8 mins 29 secs A guide to what accountants do. The clip also explains key accounting concepts such as going concern, prudence and consistency.
CLIP 35 Forecasting In Business
7 mins 23 secs An introduction to the tricky business of forecasting — predicting future trends. Examples range from informal forecasting to time series analysis.
CLIP 36 Breakeven 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.