Fixed costs per month=Expense
RENT £600
WAGES £400
ELECTICITY £55
INSURANCE £60
LOAN INTEREST £40
MARKETING £45
Total cost:£1200
Question 1: Explain how each of the following methods below can help mia to manage her cash flow.
REDUCE HER DRAWINGS
HIRE RATHER THAN BUY HER PREMISE
HIRE RATHER THAN BUY ALL HER FURNITURE
EMPLOY AN ASISTANT ONLY DURING THE BUSY MONTHS
NOT TAKE OUT A LOAN
SPEND LESS ON MARKETING
PAY FOR LESS HER PURCHASES ONE MONTH AFTER SHE HAS RECEIVED THEM
ARRANGE AN OVERDRAFT FROM BANK
Question 2
For the months when mia closing balance is negative you must suggest at least two different ways in which mia can manage her cash flow.You must explain the advantages and disadvantages of each method and then make a judgement on what course of action you think is the best to manage mia's cash flow effectively.
2007-11-17 09:45:34 · 5 answers · asked by Alex N 1 in Business & Finance ➔ Renting & Real Estate
Hmmm... a few minutes ago, you asked the same question, except with a request for help with your course work. Now you're pretending to be financially distressed?
Not cool.
2007-11-17 09:55:22 · answer #1 · answered by curtisports2 7 · 1⤊ 0⤋
sounds like someone is looking for homework help rather than helping mia
2007-11-17 17:53:20 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You can ask this question under category HOMEWORK, rather than Renting and Real Estate, you might get more answers.
2007-11-17 21:01:35 · answer #3 · answered by Weimaraner Mom 7 · 0⤊ 0⤋
Lazy pratt. Do your own course work
2007-11-18 07:49:00 · answer #4 · answered by Stephen 2 · 0⤊ 0⤋
Do your own homework.
2007-11-17 17:59:51 · answer #5 · answered by Resident Heretic 7 · 0⤊ 0⤋