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Fixed Vs Variable Expenses

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Dr. Trilok Kumar Jain
Dr. Trilok Kumar Jain

Material for PGPSE participants of AFTERSCHOOOL CENTRE FOR SOCIAL ENTREPRENEURSHIP. PGPSE is an entrepreneurship oriented programme, open for all, free for all.

Economy & FinanceBusiness
1 of 21
FIXED V/S VARIABLE EXPENSES DR. T.K. JAIN
Variable Costs ,[object Object],[object Object],[object Object],[object Object],[object Object]
Identify fixed and variable
Fixed Operating Costs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Contribution Margin
How to calculate contribution
Average Contribution Margin ,[object Object]
Economics of One Unit
Depreciation Makes Records More Accurate ,[object Object],[object Object]
Insurance Protects Business ,[object Object],[object Object],[object Object],Buy insurance to protect your business from:
Basic Coverage for Small Business ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lying About Your Product Is Fraud ,[object Object],[object Object]
Fixed Operating Costs can be Dangerous to a Business ,[object Object],[object Object],[object Object]
Start-Up Investment ,[object Object],[object Object],[object Object],[object Object]
Payback ,[object Object],[object Object],[object Object],= 5 months
Accounting: Keeping Track of Money Inflows and Outflows ,[object Object],[object Object],[object Object],[object Object],[object Object]
3 Reason to Keep Good Daily Records ,[object Object],[object Object],[object Object],[object Object]
Receipts and Invoices ,[object Object],[object Object],[object Object],[object Object]
Open Business Checking Account ,[object Object],[object Object]
“Cash Only” Accounting ,[object Object],[object Object]
3 Rules for Managing Cash ,[object Object],[object Object],[object Object]

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