A copy of the presentation for the iStudio Group from Alec McPhedran of Skills Channel TV for The White Room.

1. The Business of Being in Business

2. WORK BASED REVIEW The aim of the module is to review and learn about the key financial controls used in a creative business and how they support management and project decision making

3. MONEY

4. What's the definition of an accountant? Someone who solves a problem you didn't know you had in a way you don't understand.

5. The Business of Being in Business How Businesses Work

6. THE BUSINESS MODEL VISION MISSION VALUES BEHAVIOURS OBJECTIVES STRATEGIES KNOWLEDGE SKILLS

7. LINKING FINANCE TO BUSINESS VISION MISSION VALUES BEHAVIOURS BUDGETS CORE AREAS IN WHICH ANNUIAL BUDGETS ARE SET AND MONITORED OBJECTIVES STRATEGIES KNOWLEDGE SKILLS

8. THE BALANCED SCORECARD

9. THE BALANCED SCORECARD

10. The Business of Being in Business Finance in Business

11. MONEY Money does two things in business. It comes in… …and it goes out

12. THE KEY ACCOUNTS Balance Sheet Profit and Loss Cash Flow

13. A BUSINESS REALITY…

14. The Business of Being in Business The Balance Sheet

17. At 31 January 2009 2008 2007

18. The Business of Being in Business The Profit and Loss

21. RDF MEDIA PROFIT AND LOSS

22. The Business of Being in Business Cash Flow

25. KEY ACCOUNTS IN FINANCE Balance Sheet Profit and Loss Cash Flow The Past The Present The Future

27. Balance Sheet

28. Profit and Loss

29. Cash Flow Forecast

31. The Business of Being in Business Budgeting

32. A BUDGET A budget is a plan of what you need to spend on a specific project, activity or service.

34. Be realistic

35. Know your facts

37. BUDGET ACTIVITY

39. Be realistic

40. Know your facts

42. The Business of Being in Business Finance in Action

43. The Business of Being in Business Value for Money

44. RETURN ON INVESTMENT Return on Investment (ROI) is a measure of the profit earned from each investment made in n activity or project

45. RETURN ON INVESTMENT CALCULATION (Total Profit – Investment)Investment

46. The Business of Being in Business Module Review

48. Balance Sheet

49. Profit and Loss

50. Cash Flow Forecasting

51. Budget Management

53. The Business of Being in Business info@skillschannel.tv