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IMPACT OF PROFIT AND LOSS
The impact of profits and losses●on a business and its owners
FORECASTING PROFITIt is important to forecast how much profit (or loss)your company will make so that you can makeinformed...
Use the graph below to discuss the affect the differencebetween the forecast and actual will have on the business.
ACTUAL PROFITWhat advice would you give a new business that is veryprofitable, for the first 6 months that they were open?...
USING PROFITProfit usually makes us think of someone getting rich.In fact, most profit is reinvested back into the company...
INVESTMENTSWhat investments would your make to yourbusiness if you owned a music shop thatspecialised in pianos and keyboa...
P DIDDYS PRAMHere
THE WALL  Here
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1.4 impact of profit and loss

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1.4 impact of profit and loss

  1. 1. IMPACT OF PROFIT AND LOSS
  2. 2. The impact of profits and losses●on a business and its owners
  3. 3. FORECASTING PROFITIt is important to forecast how much profit (or loss)your company will make so that you can makeinformed decisions about the future for another.What informed decision may a sports shop make byforecasting how much profit it will make.
  4. 4. Use the graph below to discuss the affect the differencebetween the forecast and actual will have on the business.
  5. 5. ACTUAL PROFITWhat advice would you give a new business that is veryprofitable, for the first 6 months that they were open?Why.....
  6. 6. USING PROFITProfit usually makes us think of someone getting rich.In fact, most profit is reinvested back into the company.Can you think of what these investments include?
  7. 7. INVESTMENTSWhat investments would your make to yourbusiness if you owned a music shop thatspecialised in pianos and keyboards.
  8. 8. P DIDDYS PRAMHere
  9. 9. THE WALL Here

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