Business Studies - Case Study - Section 5/ Cash flow forecast

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Section 5
Humza Butt
Fichas por Humza Butt, actualizado hace más de 1 año
Humza Butt
Creado por Humza Butt hace más de 7 años
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What is a cash flow forecast A projection of cash flow for the near future based on previous expenditure.
What are the advantages of Cash flow forecasts? We can predict the future expenditure of a business. Easy to see options Removes the jeopardy. Can highlight potential problems. Builds Investor condifence.
What are the disadvantages of Cash flow forecasts? Doesn't account for potential, unexspected losses. Only a rough estimate Only accounts for a small portion of the year. May not take into account payments that will affect business in the future.
How might selling through a website maximise efficiency and minimise costs? Stock is displayed virtually. Transactions are automated. Invoices and receipts are sent via email. interactive areas for customer feedback can also be included on a website
What are the additional costs through a website. Cost of designing, maintaining and updating an online site. additional packaging, transportation / delivery costs sold over the Internet.
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