What are some ways entrepreneurs might use online tools to gain a competitive advantage?
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EntrepreneurshipSecondary Education
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What are some ways entrepreneurs might use online tools to gain a competitive advantage?
Slide 1 - Diapositive
Chapter 21.2
Managing your finances
Pages 494-501
Slide 2 - Diapositive
Objectives
Summarize aspects of managing costs
Analyze the method of managing costs
Discuss a budget and its importance
Slide 3 - Diapositive
Introduction
Business owners must find the big difference between your costs and the industry average, you should investigate and identify possible problems
Slide 4 - Diapositive
Imagine that you own your own business. Brainstorm the aspects of a company’s finances that you think you will need to manage.
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5:00
Slide 5 - Question ouverte
What are the different ways you can control costs? Describe each in detail.
Slide 6 - Question ouverte
Think of other ways to control costs in a business than given in the book. What are some things you can do to conserve energy?
Slide 7 - Question ouverte
Business owners are constantly trying to find new ways of cutting costs, which help them manage their finances
Slide 8 - Diapositive
Slide 9 - Vidéo
What is meant by a budget?
Slide 10 - Carte mentale
How important it is for you to have and keep a budget. Consider the importance of businesses having and keeping a budget. Explain consequences of exceeding your budget for a business.
Slide 11 - Question ouverte
Using data from previous periods, a projected income statement, also called a ____________________.