Section 1: setting up a business

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EconomieMiddelbare schoolvwoLeerjaar 3

This lesson contains 18 slides, with interactive quizzes and text slides.

Items in this lesson

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Slide 1 - Slide

What do you need in your business plan?

Slide 2 - Mind map

Investment budget
How much money do we need to start ouw own company?

Slide 3 - Slide

Goods in stock vs inventory
Goods in stock: Quantity of products currently held in stock

Inventory: all the finished goods that are used inproduction.

Slide 4 - Slide

Difference between stock and inventory of a shop? Give two examples of each.

Slide 5 - Open question

Profit and loss budget
Overview of the expected future costs and returns.

How much money am I going to earn?

Slide 6 - Slide

Gross profit and net profit
Turnover - cost of sales = gross profit

Gross profit - operating costs = net profit

Slide 7 - Slide

Name two operating costs for a kebab business

Slide 8 - Open question

More definitions
VAT: cost price increasing tax (value added tax)

Slide 9 - Slide

Max sells French fries for 3.54 excluding 9 % VAT. Calculate the price including VAT.

Slide 10 - Open question

Mirte sells a botlle of Cola for 1.90 including 9 % VAT. Calculate the price excluding VAT.

Slide 11 - Open question

Financing plan
Where do I get the money from?

From others -> debt capital
From yourself -> equity

Slide 12 - Slide

Disadvantage of having a lot of debt capital?

Slide 13 - Open question

Why do business use debt capital despite the disadvantages? Give two reasons

Slide 14 - Open question

Make the following questions:
2,3,6,7,8,10,11,12,13 and 14!

Slide 15 - Slide

What about marketing?

Slide 16 - Mind map

Which word below is not from the 5p's of marketing?

Slide 17 - Quiz

Get to work
Remain in the call
You may review the text, work on questions from the book or ask questions.

Slide 18 - Slide