| | |BTEC NATIONAL Diploma in Business | | | |2012 - 2014
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BTEC IN BUSINESS Level 3 UNIT 2 – Business Resources Assignment 2 Name: P4: Sources of Finance There are two main ways that a business can access financial resources: From within the business (internal source) Can be from the business owner’s savings or from profits From outside the business (external source) There are a number of external sources that can be used to fund a business: Banks/building societies Hire Purchase Leasing Venture Capitalist Factoring Share issues Friends/family
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Unit 2- P7 Ratio analysis is a tool brought by individuals used to evaluate analysis of information in the financial statements of a business. The ratio analysis forms an essential part of the financial analysis which is a vital part in the business planning. There are 3 different ways of assessing businesses performance and these are: solvency‚ profitability and performance. Ratio analysis assists managers to work out the production of the company by figuring the profitability ratios. Also‚ the
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with my result in August. I am also studying BTEC Business studies level 3. All the subjects have given me skills that will be needed for the degree. Business studies have required a significant amount of independent reading‚ and have also taught me the importance of sticking to deadlines. I believe business studies will help me as there is a great deal of analysis and evaluation involved in the subject‚ for example looking at the validity of a business. I think all of the above skills are beneficial
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students who have enrolled to study at SFX are safe while they are within the environment and also receive they best education the college can offer. Tesco’s director ensures that the business is meeting its goals by setting out the aims and objectives for the business. He also decides on the strategy for the business and also has interest of the shareholder‚ making sure the shareholders don’t lose any amount of the money that they invest in the company. The comparison of the two directors in these
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Unit 21 5.4. Legal duties and obligations around PPE The Personal Protective Equipment at Work Regulations 1992 These regulations seeks to ensure that where the risks cannot be controlled by other means‚ [ Personal Protective Equipment (PPE) is correctly selected and used. The Regulations do not apply where requirements are detailed in other regulations e.g. respirators in the Control of Substances 5.5. It is the responsibility of employees to: Ensure that they take reasonable care to protect
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Khadijatu Sesay Unit 5‚ D2: From your analysis in M2‚ decide which is the better performing business overall‚ and justify your decision. In this task‚ I will be analysing the result of Turks Whole Sale and Turkish Great food‚ in terms of what business has performed better over the financial year. I will be using the financial ratios in both businesses‚ to critically explain which business has stood out in terms of profit‚ sustainability‚ and processes in their performance over the year. Financial
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Telephone It is a very simple and oldest method of electronic communication. Also the fastest. It is reliable as the communication takes place with the person directly Individual and Businesses Internet It’s the best way to communicate with people and business locally and Internationally. Individual and Businesses Sms Short Message Service is a text messaging service component of the mobile phone. It allows users to exchange short text messages. Individual and Businesses Fax Fax (short for facsimile)
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of business is bad financial planning. All the cash flows in the wrong direction. Having worked through the dotcom boom and bust I have seen first hand what too big a budget in the wrong hands can do. Someone needs a firm grip on the numbers and it had better be you otherwise someone might just take a trip to a tropical island at your expense. I will be devoloping this skill by finding some volantry jobs for one or two week to gain some skills so then I should be able to run my own business.
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Types of information: Verbal • Verbal communication is where somebody talks face to face with the audience and could also include eye contact and body movements‚ Wilberforce use verbal communication in a full range of things one example been a English teacher reading out a poem. Written • Written communication is in the form of physical symbols called words. It doesn’t have to be words though‚ in the broader sense it could be things such as diagrams and charts. So therefore all visual
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