CLIP 42 The Importance Of Budgeting: First Luggage
5 mins 30 secs The boss of innovative company First Luggage claims budgeting is central to their success. They monitor reality and “tweak” the business accordingly.
CLIP 41 The Budgeting Meeting
5 mins 42 secs Company accountant Bee Payne asks her colleagues to account for their spending against their budgets. Should they make spending cuts to get back on target?
CLIP 40 Introduction To Budgeting
5 mins 46 secs What are budgets? How do they work? What’s meant by “variance analysis”? Practical examples illustrate how budgeting works in business.
CLIP 39 Sources Of Finance At Brompton Bikes
5 mins 04 secs Brompton Bicycle look for sources of finance that will not divert them from their long-term aims. Also: setting prices and external factors.
CLIP 38 Sources Of Finance: Divine Chocolate
5 mins 23 secs Unusually, Divine Chocolate funded itself by selling shares to the cocoa farmers who supply it. But the company’s also strong on internal financial discipline.
CLIP 37 Sources Of Finance: Introduction
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?
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.
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 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 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 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 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.