# Section 1: setting up a business

Programme
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Slide 1: Tekstslide
EconomieMiddelbare schoolvwoLeerjaar 3

In deze les zitten 18 slides, met interactieve quizzen en tekstslides.

## Onderdelen in deze les

Programme
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#### Slide 2 -Woordweb

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

#### Slide 3 -Tekstslide

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 -Tekstslide

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

#### Slide 5 -Open vraag

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

How much money am I going to earn?

#### Slide 6 -Tekstslide

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

Gross profit - operating costs = net profit

#### Slide 7 -Tekstslide

Name two operating costs for a kebab business

#### Slide 8 -Open vraag

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

#### Slide 9 -Tekstslide

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

#### Slide 10 -Open vraag

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

#### Slide 11 -Open vraag

Financing plan
Where do I get the money from?

From others -> debt capital
From yourself -> equity

#### Slide 12 -Tekstslide

Disadvantage of having a lot of debt capital?

#### Slide 13 -Open vraag

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

#### Slide 14 -Open vraag

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

#### Slide 16 -Woordweb

Which word below is not from the 5p's of marketing?
A
price
B
product
C
place
D
potential

#### Slide 17 -Quizvraag

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